Alfa Laval Agrees to Acquire Navtor for $700 Million
Alfa Laval agreed to acquire Norwegian maritime software provider Navtor for $700 million in cash. Navtor develops systems for vessel operations and fleet management.
By Dominic ChoppingSTOCKHOLM--Sweden's Alfa Laval agreed to acquire Norwegian maritime software provider Navtor for $700 million in cash.Navtor develops systems aimed at supporting safer and more streamlined vessel operations, fleet management and business processes.Alfa Laval said the acquired bus…