Tetra Laval
{{Short description|Swiss-based food packaging corporation}}
{{third-party|date=May 2019}}
{{Use dmy dates|date=May 2024}}
Tetra Laval is a Swiss-domiciled multinational corporation of Swedish origin, with headquarters in Pully (Vaud), Switzerland. The Tetra Laval Group provides packaging, processing and distribution products for a range of foodstuffs, including liquids, fruit and vegetables, ice-cream and processed food, additionally offering systems for agricultural production and herd management. The group operates in five business segments: milk production, food preparation, food processing, food packaging and food distribution.[https://archive.today/20120709054713/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=795177 Tetra Laval International SA] Bloomberg Businessweek, retrieved 9 December 2011[http://www.tetralaval.com/SiteCollectionDocuments/TetraLaval_2011.pdf Tetra Laval Group] {{webarchive|url=https://web.archive.org/web/20110930064722/http://www.tetralaval.com/SiteCollectionDocuments/TetraLaval_2011.pdf |date=30 September 2011 }} Tetra Laval Annual Report, retrieved 9 December 2011 The Tetra Laval Group includes Tetra Pak, DeLaval and Sidel. Tetra Laval was included in the Thomson Reuters 2011 list of Top 100 Global Innovators.[http://www.foodingredientsfirst.com/news/Tetra-Laval-Honoured-for-Innovation.html Tetra Laval Honoured for Innovation] Food Ingredients First, retrieved 9 December 2011[http://www.top100innovators.com./top100/75#listing Thomson Reuters' 2011 List of Top 100 Global Innovators] Thomson Reuters, retrieved 9 December 2011
The Tetra Laval Group
The Tetra Laval Group consists of three independent industry groups.
Tetra Pak develops and manufactures processing, distribution and packaging systems for food and liquids.
DeLaval develops and produces systems for milk production and animal husbandry. Sidel develops and manufactures plastic packaging and complete bottling lines.
Tetra Laval AB operates as a subsidiary to the holding company Tetra Laval International SA.[https://archive.today/20120709121326/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=1049978 Tetra Laval AB] Bloomberg Businessweek, retrieved 9 December 2011 Tetra Laval International SA provides the financing, risk management and investment support needed by the Tetra Laval Group, with the additional responsibility of managing overall legal and financial structure and tax planning.[http://www.ongreen.com/companies/tetra-laval-international?quicktabs_12=0 Tetra Laval] {{webarchive|url=https://web.archive.org/web/20120717092553/http://www.ongreen.com/companies/Tetra-Laval-International?quicktabs_12=0 |date=17 July 2012 }} On Green, retrieved 9 December 2011
History
The Tetra Laval Group was created in 1993 after Tetra Pak's acquisition of Alfa Laval in 1991 with the aim of forming a coherent structure under which both companies could operate within their respective fields. The part of Alfa Laval that was involved in processing was integrated into Tetra Pak, while the part that produced farm equipment was recreated as a separate entity under the name of Alfa Laval Agri, later renamed DeLaval after Alfa Laval's founder Gustaf de Laval.[http://www.alfalaval.com/about-us/our-company/history/pages/history.aspx Our History] {{webarchive|url=https://web.archive.org/web/20111208205228/http://www.alfalaval.com/about-us/our-company/history/pages/history.aspx |date=8 December 2011 }} Alfa Laval, retrieved 9 December 2011
In 2000, Tetra Laval sold the part of Alfa Laval that was not directly involved in their business to Swedish investment company Industri Kapital, however retaining a part of the shares.[http://www.ikinvest.com/templates/press.aspx?id=2257 Industri Kapital has agreed to buy Alfa Laval from Tetra Laval] {{webarchive|url=https://archive.today/20130126132816/http://www.ikinvest.com/templates/press.aspx?id=2257 |date=26 January 2013 }} Industri Kapital, retrieved 9 December 2011 In 2001, Tetra Laval acquired French plastic bottle manufacturer Sidel. The merger was subject to anti-competitivity scrutiny from the European Commission but was finally allowed to go through after an appeal to the European Court of Justice.[http://www.economist.com/node/988848 Where Next for Europe's Biggest Food Packager?] The Economist, retrieved 10 December 2011[http://www.lw.com/upload/pubContent/_pdf/pub1460_1.pdf Tetra Laval II: the Coming of Age of the Judicial Review of Merger Decisions] Matteo F. Bay and Javier Ruiz Calzado in World Competition 28(4), p. 433-453, 2005
Facts and figures
| class="wikitable"
|Tetra Pak |25,488 |
| Sidel
|5,487 |
| DeLaval
|4,637 |
| Other
|270 |
| Tetra Laval Group
|35,882 |
| class="wikitable"
|Tetra Pak |11,220 |
| Sidel
|1,415 |
| DeLaval
|1,010 |
| Other
|0 |
| Tetra Laval Group
|13,635 |
Environment
The Tetra Laval Group has an established policy for environmental excellence and sustainability. However, Tetra Pak products have been identified as solid waste problems by many NGOs and environmental groups. Unlike aluminum cans, plastic or glass bottles, it cannot be recycled in municipal recycling facilities. In order to stave off regulation, the company has engineered a strong campaign. In 2011, Tetra Pak published a set of sustainability targets, which included maintaining its emission levels at the same level until 2020 and increasing recycling by 100 percent.
Community projects
Tetra Laval supports for community projects such as disaster relief. In 2010, Tetra Laval provided in-kind and financial relief support to Haiti, Russia, Pakistan and Brazil and, in early 2011, Japan.[http://www.tetralaval.com/SiteCollectionDocuments/TetraLaval_2011.pdf Aid to Victims of Natural Disaster Part of our Business Responsibility] {{webarchive|url=https://web.archive.org/web/20110930064722/http://www.tetralaval.com/SiteCollectionDocuments/TetraLaval_2011.pdf |date=30 September 2011 }} Tetra Laval Annual Report, retrieved 9 December 2011
Ownership
Supervisory Board
- Lars Renström
- Paul Conway
- Nigel Higgins
- Ola Källenius
- Jorma Ollila
- Bernd Pischetsrieder
- Finn Rausing
- Jörn Rausing
- Kirsten Rausing
References
{{Reflist|2}}
External links
- [http://www.tetralaval.com Tetra Laval Official Website]
{{Authority control}}
Category:Food and drink companies of Switzerland
Category:Companies based in the canton of Vaud
Category:Multinational companies headquartered in Switzerland
Category:Food and drink companies established in 1993