Alfa Laval to acquire Denmark-based BunkerMetric

Aug. 04, 2022 3:25 AM ETAlfa Laval Corporate AB (ALFVF), ALFVYBy: Meghavi Singh, SA News Editor
  • Alfa Laval (OTCPK:ALFVF) to acquire Denmark-based BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels.
  • The move is part of Alfa Laval's strategy to expand its digital marine service offering and will be part of the recently acquired StormGeo.
  • Closing of the deal is expected during Q3, 2022.
  • The optimization tools, together with StormGeo's advanced route services, will enable ship owners to streamline operations to help them improve their bottom line.
  • BunkerMetric's procurement optimization tool will become a subscription service within StormGeo's existing offering.

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