Alfa Laval agrees to acquire NAVTOR for US$700 million

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Alfa Laval has agreed to acquire Norwegian maritime software company NAVTOR for US$700 million in cash. The deal adds NAVTOR’s e-navigation, vessel-performance, and fleet-management products to Alfa Laval’s Ocean Division, expanding its digital offering for the shipping sector.

Alfa Laval has entered into a definitive agreement to acquire Norwegian maritime software company NAVTOR for US$700 million in an all-cash transaction, expanding its digital technology portfolio for the shipping industry. The acquisition will bring NAVTOR’s e-navigation, vessel performance and fleet management solutions into Alfa Laval’s Ocean Division. The transaction is expected to close in […] The post Alfa Laval agrees to acquire NAVTOR for US$700 million appeared first on Container News.