Bergen, Norway - StormGeo, a world-leading provider of weather intelligence and decision support services, announced it has entered into an agreement to acquire Nautisk, a leading global supplier of maritime charts and publications to the merchant marine from NHST Media Group.
The combination allows StormGeo to be the first to integrate market-leading routing and weather services with state-of-the-art charts and publications solutions.
This new, all-in-one platform will allow StormGeo and Nautisk customers to optimize routing, obtain appropriate charts, and create a voyage plan without switching between disparate systems. Integrating navigational information with weather intelligence and proprietary route optimization algorithms will enhance quality and offer significant usability and cost benefits to customers.
“The Nautisk team is excited about combining with such a trusted company within the shipping community and beyond,” said Nautisk CEO, Thomas Fjeld. “Our complementary offering means that together we can provide a solution that has no rival and will drive usability, provide richer functionality, and offer more value for our customers.”
Thomas Fjeld will take on a position as Vice President Planning and Navigation within StormGeo post-acquisition.
Nautisk has formed part of NHST Media Group since its inception in 1896. “Nautisk is an established business with a renowned heritage set for a bright future, already spearheading the global, digital transformation of the nautical chart business. This combination with a broader maritime solutions business has a strong strategic logic that should further enhance its potential for success in a rapidly changing market,” said Andreas Emblem, Head of Division at NHST Media Group.
The transaction will close within the next month or as soon as practical, pending the fulfilment of certain standard conditions for completion.