RelyOn completed the acquisition of Simwave.

RelyOn, a global provider of sustainable packaging and security solutions for physical goods, completed the acquisition of Simwave, a company active in operating comprehensive maritime simulation training centres. Financial terms are not disclosed. “Simwave brings robust, proven maritime expertise and digital capability that complement our existing portfolio. This acquisition supports our strategy to expand high-end maritime training and competence services through a dedicated Maritime Academy,” Torben Harring, RelyOn CEO.