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New Deal


Announced

Nippon Yusen to acquire a 40% stake in Dualog from Norinnova.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For40%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Norway

Single Bidder

maritime services

software

Software

Acquisition

Cross Border

Private

Private Equity

Pending

Minority

Friendly

Synopsis

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Nippon Yusen, a Japanese shipping company, agreed to acquire a 40% stake in Dualog, a Tromsø-based maritime SaaS business, from Norinnova, an investment firm. Financial terms were not disclosed. Dualog has been backed by Norinnova since its inception in 1994, and has successfully transitioned from being a small national player to becoming a global name in the maritime digitalization space.

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