Norwegian maritime group Hagland has acquired compatriot chartering platform Vanora in a strategic move to bolster its digital service offerings. The financial terms of the deal were not disclosed.
The deal will see the Aanensen family run vehicle integrate Vanora’s flagship solution, VesselAdmin, a digital chartering and payment platform designed for the maritime sector.
Since its inception, VesselAdmin has facilitated over 3,700 bids from brokers and vessel owners in the offshore and dry bulk sectors. It has also processed 250 payments, with transactions totalling NOK630m ($63.3m), Hagland said.
Founded in 1872, Hagland has expanded from a traditional shipowner and broker into a diversified group with operations in shipping, shipbroking, agency services, real estate, and finance. The shipping business manages a fleet of more than 10 self-discharging bulkers that transport timber, pulpwood, woodchips, sand and gravel across the North Sea and Baltic regions.
“This acquisition aligns with our commitment to providing reliable and professional services to our clients. Vanora’s innovative solutions will complement our existing offerings and enable us to deliver even greater value to our customers,” said co-CEOs Paal and Øivind Aanensen of Hagland.
As part of the transaction, VesselAdmin will continue to operate as an independent entity within the Hagland Group.
