mynth
02/2025

NRG MARINE acquired by ALFA LAVAL

UNITED KINGDOM Aerospace, Naval & Defense / Naval REV 1m GBP - 100m GBP

Context

Alfa Laval has entered into a definitive agreement to acquire NRG Marine, a specialized provider of ultrasonic anti-fouling technology, in a full strategic buyout expected to close during the second quarter of 2025. This platform investment is a highly synergistic move for the acquirer's marine division, fundamentally aimed at enriching its portfolio of sustainable technological solutions. The integration of the proprietary ultrasonic technology allows the acquirer to offer a comprehensive, multi-faceted approach to the critical issue of bio-fouling, complementing its existing filter and UV treatment capabilities. The transaction is deeply rooted in a sector-wide push for decarbonization and energy efficiency, enabling the integration of solutions that support maritime and industrial clients in navigating increasingly strict environmental regulations while optimizing operational performance.

NRG MARINE, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.5x).

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Target

NRG Marine is a specialized manufacturer and provider of innovative ultrasonic anti-fouling solutions, catering to the maritime, oil and gas, and broader industrial sectors. Headquartered in the United Kingdom, the company has developed a distinctive value proposition built around its proprietary ultrasonic technology, which leverages microbubbles to create agitation. This directly prevents the accumulation of bio-fouling, scale, and sludge on critical equipment. From a market positioning standpoint, the business operates as a niche technology specialist in the vessel efficiency and asset protection market. Its business model revolves around the engineering and distribution of these advanced systems, offering a compelling alternative to traditional chemical or mechanical cleaning methods. The solutions are increasingly attractive in the current regulatory environment, recognized for being highly sustainable and compliant with upcoming stringent environmental standards.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year
Rev
EBITDA
EBIT
2025
2024

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REFERENCES

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: alfa laval