Alfa Laval completed the acquisition of StormGeo from EQT for $445m.

Alfa Laval, a provider of heat transfer, centrifugal separation and fluid handling, completed the acquisition of StormGeo, a provider of solutions and services for weather-sensitive operations, primarily in the marine industry, off-shore and other weather-dependent industries, from EQT Partners for $445m. "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," Tom Erixon, Alfa Laval President and CEO.