Alfa Laval to Buy NAVTOR for $700M in Maritime Digital Expansion
The deal will fold NAVTOR into Alfa Laval’s Ocean Division and combine its software with StormGeo and PortChain platforms.
- On Friday, November 6, 2026, Alfa Laval announced a definitive agreement to acquire Norwegian maritime software company NAVTOR for $700 million in an all-cash transaction, significantly expanding its digital fleet solutions portfolio.
- Headquartered in Norway, NAVTOR provides e-navigation and vessel-performance solutions to customers in more than 90 countries, integrating its software with Alfa Laval's existing StormGeo and PortChain platforms.
- After NAVTOR identified and addressed compliance matters through an enhanced internal control program, Alfa Laval CEO Tom Erixon stated, "we have confidence that the issues will be resolved." The deal will have neutral short-term margin impact.
- The $700 million acquisition will be financed through Alfa Laval's existing cash and funding programs, with completion expected in the first quarter of 2027, subject to customary regulatory approvals.
- Alfa Laval will provide further information regarding the transaction's strategic rationale at its Capital Markets Day on November 18, 2026; the company currently employs more than 23,500 people globally with annual sales of 69.6 BSEK.
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PR Newswire
allaboutshipping.co.ukAlfa Laval to acquire NAVTOR AS to strengthen the digital offering for the maritime sector
/PRNewswire/ -- Alfa Laval has today entered into a definitive agreement to acquire NAVTOR AS for 700MUSD (6.85 BSEK) in an all-cash transaction. NAVTOR is a...
Alfa Laval to Buy NAVTOR for $700M in Maritime Digital Expansion
Alfa Laval has entered into a definitive agreement to acquire Norwegian maritime software company NAVTOR for $700 million in cash, expanding its digital fleet solutions business through one of its most significant transactions to date.The acquisition…
Alfa Laval agrees $700m NAVTOR acquisition
Alfa Laval has agreed to acquire Norwegian maritime specialist NAVTOR. The $700m cash transaction would combine electronic navigation and vessel performance software with StormGeo and PortChain, subject to regulatory approval and an expected first-quarter 2027 completion.
Swedish industrial group Alfa Laval is moving forward with the acquisition of Norwegian shipping software company NAVTOR for 6.85 billion Swedish kronor (approximately $700 million). The transaction, one of the largest… Alfa Laval: Acquires NAVTOR for 700 million dollars - ΙΝΑΦΤΕΜΟΡΙΚΙ
Alfa Laval agrees to acquire NAVTOR for US$700 million
Alfa Laval has entered into a definitive agreement to acquire Norwegian maritime software company NAVTOR for US$700 million in an all-cash transaction, expanding its digital technology portfolio for the shipping industry. The acquisition will bring NAVTOR’s e-navigation, vessel performance and fleet management solutions into Alfa Laval’s Ocean Division. The transaction is expected to close in […]
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