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  5. OneOcean Acquires Marine Position AB

M&A Deal Summary

OneOcean Acquires Marine Position AB

On June 1, 2017, OneOcean acquired technology hardware company Marine Position AB

Acquisition Highlights
  • This is OneOcean’s 1st transaction in the Technology Hardware sector.
  • This is OneOcean’s 1st transaction in Sweden.

M&A Deal Summary
Date 2017-06-01
Target Marine Position AB
Sector Technology Hardware
Buyer(s) OneOcean
Deal Type Add-on Acquisition

Target

Marine Position AB

Stora Höga, Sweden
Marine Position AB is a global specialist provider of maritime environmental regulations and compliance covering international, national and local requirements. MarinePosition AB has developed the product EnviroNav. Company know that the new environmental regulations are a great challenge for the shipping industry. Taking responsibility for the environment is crucial for all companies in the industry of today. But all these new rules have made it extremely difficult for the crew to understand and adapt to all the changes coming both from national and international legislation.

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Buyer(S) 1

Buyer

OneOcean

Enfield, United Kingdom
Category Company
Founded 1998
Sector Information Services
Employees180
Revenue 40M GBP (2015)
DESCRIPTION

OneOcean is a distributor of navigational data charts, marine technical publications and digital products. OneOcean was founded in 1998 and is based in Enfield, United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Sweden M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-07 Docmap AS

Oslo, Norway

Docmap AS is a provider of world-class solutions within the Health, Safety, Environmental and Quality (HSEQ) operations on vessels and ashore. Its recently launched Docmap® 8 software operates both shoreside and on board through standard web browsers, incorporates modules for audit control and risk assessment, and works alongside customers’ continuous improvement programmes. Docmap® 8 can be supplied either off the shelf with best-in-class functionality, or customised to suit individual company requirements.

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