Alfa Laval Buys Navtor
Norwegian navigation technology firm Navtor has been purchased by Alfa Laval, bringing sophisticated ECDIS and voyage management platforms into the Swedish conglomerate's growing portfolio.
Navtor was founded in 2011 and has been a leader in e-navigation for years, contributing to the development and adoption of ECDIS in the global fleet. It has grown to become the world's largest supplier of electronic navigational chart systems, and its R&D team has worked closely with other OEMs and government partners on the new S-100 standard, which will bring a higher level of detail and a new range of safety functions to ECDIS systems.
Alfa Laval paid about $700 million for Navtor, and will house its operations within the same division as its Portchain just-in-time arrival platform (acquired in 2026) and StormGeo weather routing and efficiency-software units (acquired in 2021).
"With this acquisition, Alfa Laval will expand its digital offering at a time when real-time decision-making is increasingly complex. NAVTOR’s technology and strong footprint complement our maritime digital platform and will strengthen the customer offering," says Tom Erixon, President and CEO of Alfa Laval.
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The acquisition comes as Navtor works through certain compliance matters in its own operations. Erixon said that Alfa Laval is sure that the issue can be resolved, and that Navtor's effort to strengthen its internal controls are "a strong step in the right direction."
Alfa Laval has been expanding at pace with new additions in its maritime division, including the recent purchase of Portchain, the rollout of the new Oceanbird wing sail system (a JV with Wallenius Wilhelmsen) and new installation announcements for its OceanGlide air lubrication system (designed to reduce drag and fuel consumption).
