Lloyd’s Register Group completes acquisition of Ocean Technologies Group to enhance digital solutions for maritime industry
Acquiring Company
Lloyd's Register
Acquired Company
Ocean Technologies Group
LondonInformation TechnologyConsultingSoftwareHuman ResourcesDescription
Lloyd’s Register Group, a global provider of maritime professional services and digital solutions, has finalized the acquisition of Ocean Technologies Group. This strategic move strengthens LR’s position as a leading provider of digital solutions for the maritime industry and expands its ability to offer critical training, compliance, and HR software to a combined fleet of over 30,000 vessels.
Quick answer
Lloyd's Register is acquiring Ocean Technologies Group, announced September 2, 2024. Lloyd's Register is based in London, England, United Kingdom.
- How much did Lloyd's Register pay for Ocean Technologies Group?
- The deal value was not disclosed.
- What does Lloyd's Register do?
- Lloyd’s Register Group is a global provider of maritime professional services and digital solutions, ensuring the safety and performance of assets and vessels for over 260 years.
- Where are Lloyd's Register and Ocean Technologies Group based?
- Lloyd's Register is based in London, England, United Kingdom.
Source: Fundz verified event record.
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Frequently asked
Who acquired Ocean Technologies Group?
Ocean Technologies Group was acquired by Lloyd's Register, based in London. The deal was reported on September 3, 2024. Lloyd’s Register Group is a global provider of maritime professional services and digital solutions, ensuring the safety and performance of assets and vessels for over 260 years. Lloyd's Register is privately held and operates in Information Technology.
When did Lloyd's Register acquire Ocean Technologies Group?
Lloyd's Register's acquisition of Ocean Technologies Group was reported on September 3, 2024. Lloyd’s Register Group, a global provider of maritime professional services and digital solutions, has finalized the acquisition of Ocean Technologies Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ocean Technologies Group do?
Ocean Technologies Group is a leading provider of human capital management and operational software dedicated to the global maritime industry. It is privately held, operating in Software.
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