M&A Deal Summary

Alfa Laval Acquires StormGeo

On May 10, 2021, Alfa Laval acquired environmental company StormGeo from EQT for 3.6B NOK

Acquisition Highlights
  • This is Alfa Laval’s 1st transaction in the Environmental sector.
  • This is Alfa Laval’s 2nd largest (disclosed) transaction.
  • This is Alfa Laval’s 1st transaction in Norway.

M&A Deal Summary

Date 2021-05-10
Target StormGeo
Sector Environmental
Buyer(s) Alfa Laval
Sellers(s) EQT
Deal Type Add-on Acquisition
Deal Value 3.6B NOK

Target

StormGeo

Bergen, Norway
StormGeo is a provider of software-based decision support for weather sensitive operations. StormGeo was founded in 1997 and is based in Bergen, Norway.

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Buyer(S) 1

Buyer

Alfa Laval

Lund, Sweden

Category Company
Founded 1883
Sector Machinery
Employees21,767
Revenue 63.6B SEK (2023)
DESCRIPTION

Alfa Laval is a provider of specialised process engineering solutions, equipment and services in the areas of separation, heat transfer and fluid handling. Alfa Laval was founded in 1883 and is based in Lund, Sweden.


DEAL STATS #
Overall 8 of 12
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 7 of 9
Country (Norway) 1 of 1
Year (2021) 1 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-15 AMI Global

Las Vegas, Nevada, United States

AMI Global engages in the Industrial Internet of Things (IIoT) and Internet of Agriculture (IoA) solutions, systems, and strategies with headquarters in Las Vegas, Nevada. AMI engineers cost-effective, turnkey IIoT and IoA products for remote monitoring, diagnostics, reporting, and control for industrial machinery. AMI's mission is to securely connect devices and machines with IIoT and IoA innovation to enhance the performance of industrial and agricultural companies. AMI Global was founded in 2009 and is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 Marine Performance Systems

Rotterdam, Netherlands

Marine Performance Systems is a Danish-Dutch maritime technology and marine engineering company. Marine Performance Systems was founded in 2018 and headquartered in the port of Rotterdam, The Netherlands with a regional office is located in Hellerup, Denmark.

Buy -

Seller(S) 1

SELLER

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 143 of 186
Sector (Environmental) 4 of 4
Type (Add-on Acquisition) 56 of 72
Country (Norway) 8 of 9
Year (2021) 6 of 22
Size (of disclosed) 29 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-07 InCorp

Singapore, Singapore

InCorp is a provider of professional corporate solutions for businesses with a presence in seven markets across Asia. InCorp specializes in a full range of professional services for companies planning to establish a hub or headquarters in Asia, including incorporation, corporate secretarial & compliance, share registry, accounting, taxation, human resources, corporate recovery, and other business advisory services. InCorp was fored in 2015 and is based in Singapore.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Indesso

Jakarta, Indonesia

Indesso is a natural Flavor & Fragrance ingredients and Food & Wellness solutions provider. Indesso has established a strong presence as a manufacturer of essential oils including their derivatives and botanical extracts unique to Indonesia. Indesso was founded in 1968 and is based in Jakarta, Indonesia.

Buy -