Marine tech pioneer acquired by Swedish engineering group
Stockholm-listed engineering firm Alfa Laval has acquired marine technology pioneer, NRG Marine, to add to its ‘decarbonisation toolbox’.
Headquartered in Coventry and with operations in Abu Dhabi, NRG Marine has developed ultrasonic anti-fouling systems to help prevent poisonous biocides and microplastics from filling the ocean.
The deal, which is expected to close in the second quarter of 2025, will secure operational and environmental benefits for Alfa Laval’s marine division, with the potential to apply the technology for use in its dairy, oil and gas, and other industrial markets.
Sameer Kalra, President of the Marine Division at Alfa Laval said: “In the race to net zero, solutions that enhance energy efficiency and operational performance are more essential than ever.
“The inclusion of ultrasonic anti-fouling technology into our portfolio is another addition to our decarbonization toolbox. By addressing the critical problem of biofouling with this advanced technique, we will enable our customers to meet both business and environmental objectives.”
Darren Rowlands, CEO of NRG Marine said: “I am delighted to announce that we can now reveal that NRG Marine Sonihull has been acquired by Alfa Laval. Our technology is an incredible fit with Alfa Laval’s existing technology and we look forward to working together driving efficiency and decarbonisation.”
DWF and AMA Capital advised the shareholders of NRG Marine.
RWK Goodman advised Alfa Laval. Its transactional team was led by John North (partner) and senior associate Catherine Hayes with support from senior associate Charlotte Ebbutt and associates Hector Freyne, Simon Stone and William Bartoli-Edwards.
Employment law support was provided by senior associate Catherine Hawkes. From the firm’s real estate team, partner Priya Pandya and senior paralegal Abigail Okosi advised on the property aspects of the deal.
The U.A.E office of Charles Russell Speechlys advised Alfa Laval on Abu Dhabi law aspects and tax and accounting advice was provided by PwC (UK and Sweden).
