Saga comments

It has been a privilege to work with such a succesful company as Frank Mohn AS, with dedicated and skilled employees who have shown a working culture and loyalty that goes beyond what we normally experience as an advisor. We are proud to have initiated and completed the sales process.

Ivan Alver, Partner
Saga Corporate Finance

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.

Click for press release

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Facts

  • Commissioned by: Wimoh Invest AS
  • Assigment: Sales mandate
  • Industry: Cargo pumps to the maritime- and O&G industry
  • Number of employees: 1 200

Financials

Revenue (MNOK)
  • 3662
  • 3699
  • 3935
  • 3792

Framo is a world leading supplier of pumping systems to the global shipping- and offshore industry