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Alfa Laval to take over StormGeo
May 10, 2021,
by
Jasmina Ovcina
Swedish-based Alfa Laval will acquire StormGeo, a Bergen-based developer of weather intelligence software and decision support services, as part of a push to accelerate its digital services offering and decarbonization tools portfolio.
The purchase price amounts to approximately MNOK 3,630 ( $442 million) on a debt and cash-free basis.
“The acquisition of StormGeo will be a strong addition to our toolbox of solutions that help our customers address the decarbonization challenge in the industry. Furthermore, StormGeo fits excellently to our digital acceleration ambition, and we will use their digital and customer experience to level up our offerings and to get deeper experience in the digital space,” said ....

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