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Alfa Laval buys software platform Navtor for $700 million

By Reuters News

STOCKHOLM, Nov 6 (Reuters) - Sweden's Alfa Laval ALFA.ST said on Friday it had agreed to buy Norway's Navtor, a software platform supporting e-navigation, vessel-performance solutions and onboard integrated workflows, for $700 million.

  • "The acquisition will strengthen Alfa Laval's maritime software position, by creating a comprehensive product portfolio for digital fleet solutions," the Swedish industrial said

  • It said in a statement it expects to finalise the deal in the first quarter of 2027, subject to regulatory approvals

  • The acquisition will not affect Alfa Laval's profit margin in the short term, it said

  • Alfa Laval will fund the acquisition through a combination of own cash and existing funding programmes, it said

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