Announced
Completed
Financials
Tags
Acquisition
Majority
Netherlands
Cross Border
Friendly
Single Bidder
Completed
Private
engineering
maritime technology
Marine Transportation
Synopsis
Alfa Laval, an innovative technologies provider, completed acquisition of Marine Performance Systems, maritime technology company. Financial terms were not disclosed. Marine Performance Systems' air lubrication technology generates micro bubbles under a ship's hull, reducing friction between the vessel and the water by 50-70% and enabling substantial fuel cost savings and improvement in overall ship efficiency, during normal service speed
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