Sweden-headquartered Alfa Laval will acquire StormGeo, which provides weather intelligence software for the shipping industry.

Tom Erixon, president and ceo of Alfa Laval, said: “The acquisition of StormGeo will be a strong addition to our toolbox of solutions that help our customers address the decarbonisation challenge in the industry.”

Closing of the purchase is expected during the second quarter of 2021, subject to customary conditions. StormGeo will become part of Alfa Laval’s marine business division.

Søren Andersen, StormGeo ceo, said: “Joining Alfa Laval, a world-leading industrial owner, benefits StormGeo by developing our business through increased geographic and technological expansion.”