The $700 million acquisition will bring NAVTOR’s e-navigation and vessel-performance solutions together with Alfa Laval’s existing StormGeo and PortChain platforms
Alfa Laval has agreed to acquire Norwegian maritime technology company NAVTOR AS in a $700 million (SEK 6.85 billion) all-cash transaction, in a move that will significantly expand its digital fleet solutions portfolio and strengthen its position in the maritime software market.
The acquisition will bring NAVTOR’s e-navigation, vessel-performance and onboard integrated workflow solutions into Alfa Laval’s Ocean Division, creating a broader offering covering digital fleet management, vessel optimisation and shore-based operations. The transaction is expected to close during quarter 1, 2027, after customary regulatory approvals.
The acquisition is one of Alfa Laval’s most significant transactions to date, establishing Alfa Laval as a leading maritime digital platform. NAVTOR will become part of the Ocean Division, and the NAVTOR platform will be consolidated with the StormGeo and PortChain platforms, that are already part of Alfa Laval’s digital fleet solutions portfolio. NAVTOR’s e-navigation and performance solutions will give Alfa Laval a strong product position across on-vessel software deployment as well as performance and route optimization across the global fleet.
“With this acquisition, Alfa Laval will expand its digital offering at a time when real-time decision-making is increasingly complex. NAVTOR’s technology and strong footprint complement our maritime digital platform and will strengthen the customer offering,” says Tom Erixon, President and CEO of Alfa Laval.
NAVTOR has broad commercial maritime coverage and provides a ship-to-shore ecosystem for vessel owners and operators, making it mission-critical across the digital maritime workflow. Headquartered in Norway, NAVTOR employs 400 people across 13 offices and has a global presence with customers in more than 90 countries across the world. The company was founded in 2011 and has an estimated turnover in 2026 of approximately 194 MUSD (1.89 BSEK).
Following a recent internal review, NAVTOR identified and reported certain compliance matters which resulted in an enhanced internal control- and compliance program. As part of the transaction, cover to protect Alfa Laval for these pre-acquisition liabilities has been deferred.
“The enhanced compliance program is a strong step in the right direction to meet Alfa Laval’s standards and requirements, and we have confidence that the issues will be resolved,” says Tom Erixon, President and CEO of Alfa Laval.
