Announced
Financials
Sources
Tags
Norway
Single Bidder
maritime services
software
Software
Acquisition
Cross Border
Private
Private Equity
Pending
Minority
Friendly
Synopsis
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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