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Alfa Laval has acquired BunkerMetric

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Alfa Laval has acquired BunkerMetric, a Scandinavian software firm specializing in advanced decision support tools for marine bunker vessels. This strategic move aims to enhance Alfa Laval's digital marine services and integrate BunkerMetric's optimization tools into its existing platform, StormGeo. With this acquisition, Alfa Laval seeks to provide ship operators with improved bunker procurement plans, ultimately enhancing operational efficiency and profitability. Alfa Laval reported annual sales of SEK 40.9 billion in 2021, emphasizing its commitment to sustainability and innovation.

Positive
  • Acquisition of BunkerMetric will enhance Alfa Laval's digital marine services.
  • Integration with StormGeo's offerings is expected to improve operational efficiency for ship operators.
  • BunkerMetric's tools will potentially increase voyage margins and profitability.
Negative
  • None.

LUND, Sweden, Sept. 13, 2022 /PRNewswire/ -- Alfa Laval has acquired BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels. The acquisition is part of Alfa Laval's strategy to expand its digital marine service offering and will be part of the recently acquired StormGeo, a global leader in weather intelligence software and decision support services.

BunkerMetric, headquartered in Denmark, supports ship operators in finding the best bunker procurement plan and improving voyage margins by using sophisticated algorithms. 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.

This is Alfa Laval

Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.

Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.

Alfa Laval has 17,900 employees. Annual sales in 2021 were SEK 40.9 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm.

                          www.alfalaval.com

For more information please contact:

Johan Lundin                                                              
Head of Investor Relations                                         
Alfa Laval                                                                    
Tel: +46 46 36 65 10                                                   
Mobile: +46 730 46 30 90                                           

Eva Schiller
PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-has-acquired-bunkermetric,c3629979

The following files are available for download:

https://mb.cision.com/Main/905/3629979/1626031.pdf

PR_BunkerC_220913_ENG_F

Cision View original content:https://www.prnewswire.com/news-releases/alfa-laval-has-acquired-bunkermetric-301622696.html

SOURCE Alfa Laval

FAQ

What is the significance of Alfa Laval's acquisition of BunkerMetric?

The acquisition enhances Alfa Laval's digital marine service offerings, integrating advanced decision support tools to improve operational efficiency.

How will BunkerMetric's tools affect ship operators?

The tools will help ship operators optimize bunker procurement plans and improve voyage margins.

What were Alfa Laval's annual sales in 2021?

Alfa Laval's annual sales in 2021 were SEK 40.9 billion.

When was the acquisition of BunkerMetric announced?

The acquisition was announced on September 13, 2022.

What market does BunkerMetric operate in?

BunkerMetric operates in the marine industry, focusing on software solutions for bunker vessel operations.

ALFA-LAVAL AB UNSP/ADR

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