Alfa Laval Acquires StormGeo from EQT Private Equity

May 10, 2021

Alfa Laval AB has agreed to acquire StormGeo Holding AS from the EQT Mid Market fund (EQT Private Equity) for NOK 3,630 million. StormGeo, a Bergen-based provider of weather-centric software and decision-support services, doubled revenues under EQT and the deal (expected to close in Q2 2021) will expand Alfa Laval's digital and geographic capabilities.

Buyers
Alfa Laval AB
Targets
StormGeo Holding AS
Sellers
EQT Private Equity (EQT Mid Market fund), Minority co-investors (including DNV)
Industry
Software
Location
Vestland, Norway
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.