A maritime digital data and compliance service provider is setting its course for growth with strategic acquisitions so that it can extend its customer base.
ChartCo has acquired Norwegian digital safety management system company Docmap and the Swedish environmental shipping technology business Marine Position.
“At ChartCo we have over 13,000 vessels using our products together with a growing worldwide sales force, said Nick Copley, mergers & acquisitions director.
“Expanding our services through further acquisitions means we can offer even more to our existing customers and continue to extend our customer base.”
Senior hire
Mr Copley has only recently been appointed to this new position at the company.
Highly experienced in the M&A process Copley has a background in business services, finance and private equity. At ChartCo he will be seeking to enhance the company’s offering with innovative acquisitions that develop advanced, digital based products which will complement ChartCo’s range of services.
ChartCo’s CEO Martin Taylor said: “We are very pleased with the appointment of Nick Copley, his breadth of experience will be a great asset in continuing to drive our acquisition strategy and developing our capabilities platform.”
“This senior hire signals our commitment to further growth and meeting the needs of a rapidly changing marine industry poised for increased digital adoption.”
Mr Taylor added that the appointment signals ChartCo’s confidence in future expansion and development of the rapidly growing demand for digital data and compliance systems in the maritime market.
By Anne-Marie Causer
