Alfa Laval Inc.

Parent Company:
Alfa Laval AB
HQ Country of Company:
Sweden
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:

Alfa Laval Inc. (“AL U.S.”), a company located in Richmond, Virginia, has agreed to pay $16,875 to settle its potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (“ITSR”), on behalf of its former subsidiary (now an operating unit) Alfa Laval Tank, Inc. (“AL Tank”), located in Exton, Pennsylvania. AL U.S.’s ultimate parent company is Alfa Laval AB, which is headquartered in Sweden. The apparent violations were committed between May 2015 and March 2016 when AL Tank, which manufactures and sells storage tank cleaning equipment, referred a known Iranian business opportunity to its foreign affiliate in Dubai. The foreign affiliate then orchestrated a scheme to export goods from the United States to Iran and did so by using AL Tank to export its Gamajet brand cleaning units to Iran.

Fine:
Total Fine
$16,875
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$16,875
Source:
Treasury, "Alfa Laval Inc Settles Potential Civil Liability for Apparent Violations of the Iranian Transactions and Sanctions Regulations," 7/19/2021.
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