Alfa Laval makes $700m NAVTOR bet

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Swedish industrial group Alfa Laval has agreed to acquire Norwegian maritime software company NAVTOR for SEK 6.85 billion, about $700 million, in an all-cash transaction. The deal would expand Alfa Laval’s digital shipping portfolio, and completion is expected in the first quarter of 2027.

Swedish industrial group Alfa Laval has struck a $700m all-cash deal to acquire Norwegian maritime software specialist NAVTOR, significantly expanding a digital shipping portfolio that already includes StormGeo and Portchain. The Stockholm-listed group has entered into a definitive agreement to buy NAVTOR for SEK6.85bn ($700m), with completion expected during the first quarter of 2027 subject …