Alfa Laval has completed the 100% acquisition of StormGeo, a global provider of weather intelligence and decision support services, from owners including EQT and DNV GL. The transaction was structured as a cash-funded purchase, fully integrated into Alfa Laval’s Marine Division. The acquisition serves as a key pillar in Alfa Laval’s "decarbonization toolbox," designed to accelerate the company’s digital transformation. By acquiring StormGeo, Alfa Laval integrates high-end weather-based routing and analytics into its marine offering, providing an immediate upgrade to fleet performance and fuel efficiency for its customers. The move broadens Alfa Laval’s service scope, shifting from pure equipment-based hardware solutions to integrated, data-driven digital services that enhance the operational sustainability of its installed base. This deal represents a strategic benchmark for industrial conglomerates aiming to pivot toward "Industrial IoT" (IIoT) services. It highlights the growing importance of proprietary data platforms in traditional maritime hardware markets, signaling a trend where industrial equipment providers are acquiring specialized software companies to offer comprehensive efficiency solutions in response to global environmental regulatory tightening.

STORMGEO, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN premium to the average currently observed in the TMT (Tech, Media, Telecom) sector (13.6x).

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