Alfa Laval has completed the acquisition of StormGeo
Alfa Laval has completed the acquisition of StormGeo, a global leader in weather intelligence and advanced data science solutions. The acquisition is part of Alfa Laval’s strategy to support the marine industry’s efforts to make operations more efficient and will also enhance Alfa Laval’s knowledge within digital services.The purchase price is fully financed via cash and amounts to MNOK 3,630 (approximately MSEK 3,700) on a debt and cash free basis. The acquisition is neutral to Alfa Laval’s EBITA margin and earnings per share. StormGeo’s weather information services help customers