Alfa Laval Agrees to Buy Navtor for $700 Million
Alfa Laval agreed to acquire Norway-based Navtor in an all-cash transaction. Navtor provides e-navigation, vessel-performance and onboard workflow software.
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07:48:45 AM UTC
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Alfa Laval buys software platform Navtor for $700 million
08:03:51 AM UTC
SquawkNews
Alfa Laval agreed to acquire NAVTOR for $700M (SEK 6.85B) in an all-cash transaction, expected to close in Q1 2027 after customary regulatory approvals. The acquisition is expected to be neutral to group margin in the short term; no prior-period comparison was provided.Material DetailsContext by AI…
Sweden's Alfa Laval OMXSTO:ALFA 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 in an all-cash transaction.