MAN Diesel & Turbo Sverige AB, a wholly owned subsidiary of MAN Diesel & Turbo SE, has acquired the marine fuel gas supply system (FGSS) business from Sweden-based Cryo AB.
The deal is expected to close in February 2016.
For MAN Diesel & Turbo, it further enhances the group’s system scope offering in the field of marine LNG propulsion, and will be integrated into the company’s four-stroke marine business.
For Cryo AB, part of the Linde Engineering Division and a manufacturer of cryogenic equipment for the storage, distribution and handling of liquefied gases, there appears to be a feeling that MAN Diesel & Turbo will be better placed to take the business to its full potential.
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