Maritech acquires EDI-Systems

Maritech + EDI-Systems

Maritech Systems AS today announces that the company is acquiring EDI-Systems AS, market leader in the segment of solutions for third-party logistics for cold storage in Norway.

Maritech is a world-leading provider of software for the seafood industry, and the acquisition is a part of Maritech’s strategy for growth through expansion in the value chain, functionality, and geography.

Cold storage systems

The Sortland company EDI-Systems specializes in WMS systems for warehouse hotels and cold storage and has, since 1996, built a leading position in the Norwegian market. Their solutions are used by seafood companies and other companies that rent out cold storage services. The acquisition will be formalized on the 31st of  August, and the employees will be integrated into Maritech’s logistics team.

“We are delighted to welcome EDI-Systems as the newest members of the Maritech team,” says Odd Arne Kristengård, Acting CEO of Maritech. “Their solutions, customers and expertise are a natural fit with our business and further plans. Many of our customers already use their systems; they will benefit from an improved cold storage integration. EDI-Systems also delivers solutions for quality registration for fisheries and that likewise will be a good fit in the Maritech product range. At the same time, we will strengthen our expertise regarding 3rd-party warehousing and will now cover an even larger part of the value chain in the seafood industry. Furthermore, this acquisition also represents opportunities in other industries, related to new and existing logistics customers.”

A perfect fit

EDI-Systems` founders Robert Hansen (CEO) and Are Selnes (CTO) both work in the company and have until now each had a 50% ownership interest. “We are proud of what we have built and are now looking forward to new milestones as part of Maritech,” says Hansen. “There is no doubt that our solutions fit well into the Maritech portfolio, and we have a number of common denominators – also beyond the anchoring in seafood and software. It is also exciting to be part of a skilled logistics team, where we probably have a lot to learn from each other. We see this as a win-win for both EDI-Systems and Maritech and look forward to working together in the time to come.”

www.edi-systems.no

Photo: Are Selnes, CTO EDI-Systems (to the left), Raymond Haga, Finance and Business Management Director Maritech, Robert Hansen, CEO EDI-Systems

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Maritech acquires 100 % of IoT company Lillebakk

Maritech continues to expand and makes another strategic acquisition.

Maritech today announces acquiring all shares of the Norwegian IoT company Lillebakk AS. The two companies have been cooperating closely since 2017, when Maritech became majority shareholder in Lillebakk. Since then, they have been cooperating in several projects related to IoT, automation and analytics. Now they will be fully integrated and localized together in Molde, Norway.

Automation and industrial IoT

Lillebakk was established in 2013 and is a fast-growing company focused on automation and Industrial IoT. In 2019 10 employees delivered a revenue of 25,5 MNOK, mainly derived from IoT and the cloud-based solution LINSiGHT. LINSiGHT is tailored for seafood, energy, industry and public sector, and will be developed further for the different segments. Including Lillebakk, Maritech has approximately 100 employees and an annual revenue exceeding 100 MNOK (2019).

“The acquisition is well aligned with our growth strategy,” says Maritech’s CEO Janne T. Morstøl. “We have a strategy to expand in the value chain, and automation and Internet of Things are key competencies to drive quality, productivity and data-based daily operational decisions. Lillebakk’s products and knowledge will allow Maritech to offer solutions for smarter production to seafood customers in Norway and internationally.”

“I am convinced that this is a good solution for Lillebakk,” says Andre Lillebakk, CTO and co-founder of Lillebakk. “For us, our great employees and for Maritech. The recent years has been an adventure. We were two brothers who started a company from our home offices. And here we are today, after quite a journey. As an entrepreneur, it is obviously emotional to hand over your company to someone else. However, as we have experienced some rough months lately, we have considered several options for the future. After a thorough process, we have concluded that integrating with Maritech is clearly the best option.

Becoming a part of Maritech will ensure both speed, competence and stability for our team, our customers and our suppliers.

Andre Lillebakk, CTO and co-founder of Lillebakk AS

Better together

“We are pleased to welcome our new colleagues to Maritech,” says Odd Arne Kristengård, COO of Maritech and acting CEO of Lillebakk. “The Lillebakk team has extensive knowledge and experience in automation and IoT. Jointly, we will have a strong team in data analytics with predictions and prescriptions with machine learning as next step. This acquisition will also strengthen our development team and expertise related to cloud-based technology. Currently, we are preparing our first product joint launch, which will be a milestone in a few months´ time. We are looking forward to working even closer together, creating better and more efficient solutions for our customers.”

Read more about Maritech

Read more about Lillebakk and LINSiGHT

Photo: Odd Arne Kristengård, COO Maritech and Andre Lillebakk, CTO and co-founder Lillebakk

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Launched new salmon report at North Atlantic Seafood Forum

We are proud to announce the NASF launch of our new salmon report provided through seadatacenter.com.

This week we are attending North Atlantic Seafood Forum (NASF) in Bergen, Norway. The event is the largest seafood conference in the world, with over 900 attendees and speakers from over 35 countries. A perfect venue for the launch of our new salmon report.

The report is created by our analytics team, including our Icelandic division at Sea Data Center. “We are very pleased with the result”, says Anna Björk Theodorsdottir, Managing Director at Sea Data Center, part of the Maritech Group. “The report gives a unique overview of salmon prices, trends and supply. Also, it is automatically updated and can easily be tailored to the customers´ preferences. It will be valuable to a broad range of companies and roles through the salmon value chain. As well as for media, analysts and investors. “

“You can not get this information as easily anywhere else. All open data in the world is collected in one place, this is quite unique.“

Anna Björk Theodorsdottir, Managing Director of Sea Data Center

Photo: The Maritech team at North Atlantic Seafood Forum 2020. From the left: Anna Björk Theodorsdottir (Managing Director Sea Data Center), Erik Outzen (VP Business Solutions), Klas Vangen (Sales Director), Janne T. Morstøl (CEO), Tone Mykløy Helseth (Key Account Manager)

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