Telemar merges with TNL to fast-track digital change
Marlink-owned subsidiary Telemar is to merge with TNL Group, an Athens-based maritime navigational services specialist.
In a statement, the companies said the merger would put the entity among the world’s top three maritime and superyacht OT (Operational Technology) and IoT (Internet of Things) providers.
”The combined entity will allow customers to accelerate digital transformation, with smart maintenance and bridge OT security forming part of an integrated, managed services ecosystem designed to support smarter, safer, and more sustainable maritime operations,” the statement said.
Telemar CEO Mike Bauwens will lead the expanded operation, which will work across Europe, Asia and the US.
The two companies are well matched, both offering bridge navigation electronics and communications systems for maritime.
“We are delighted to bring the combined benefits of both companies’ smart and remote digital solutions to an even bigger range of maritime customers,” said Bauwens. “Combining legacy and experience with TNL’s reputation for excellence makes it a natural fit for Telemar as we bring expanded possibilities to our clients.”
Benefits of the merger for customers include expanded service coverage, remote bridge diagnostics and enhanced safety services, with annual survey and inspection of critical components, Marlink says.
“This merger fully aligns with the Marlink Group strategy of building a best-in-class platform for delivery of IT and OT managed services to an expanded customer base in the maritime sector globally,” said Erik Ceuppens, CEO Marlink Group.
“We are excited to provide our combined customer base with the most advanced safety and digital solutions to support their compliance, operational performance, and long-term success,” said TNL CEO Evangelos Andriotis.