Sale to Alfa Laval
Saga Corporate Finance was exclusive advisor to the owners Frank Mohn AS (Framo) in the sale to Alfa Laval AB.
Frank Mohn AS was established in 1938 and is today a world-leading supplier of high quality pumping systems to the global shipping and offshore industry. The company, headquartered in Bergen, has a local presence in 10 countries globally and has about 1200 employees in the organization.
Since the early 1960s, the company has been a leader in hydraulically driven pumping systems for the marine industry, primarily within chemical tankers, but has later expanded its product range to embrace a growing offshore market. Frank Mohn is one of Norway’s most iconic and well-run family businesses, and has been a supportive part of the Bergen region over the years.
The acquisition of Frank Mohn will significantly strengthen Alfa Laval’s Marine Division, and Alfa Laval will in this context be able to offer customers a wide range of high quality products and systems.