Alfa Laval to acquire NAVTOR AS to strengthen the digital offering for the maritime sector
AI Summary
Alfa Laval has agreed to acquire maritime software company NAVTOR AS for $700 million in an all-cash transaction. The deal is intended to expand Alfa Laval’s digital fleet solutions, including e-navigation and vessel-performance products.
Alfa Laval has entered into a definitive agreement to acquire NAVTOR AS for 700MUSD (6.85 BSEK) in an all-cash transaction. NAVTOR is a leading software platform supporting e-navigation, vessel-performance solutions and onboard integrated workflows. The acquisition will strengthen Alfa Laval’s maritime software position, by creating a comprehensive product portfolio for digital fleet solutions. The transaction ...