BELGIUM – Kpler, a Brussels, Belgium-based provider of commodities data, analytics, and market insight, acquired MarineTraffic, an Athens, Greece-based provider of ship tracking and maritime intelligence, and FleetMon, a Rostock, Germany-based providers of ship-tracking data and maritime analytics.
Th amounts of the two deals were not disclosed.The company has now made five acquisitions in the last 18 months and secured over $200 million investment funding in 2022 from private equity firms Five Arrows and Insight Partners. Following these two new acquisitions, the company will employ over 500 employees across the world and serve more than a million active users across the wider maritime and commodity industries.Led by Demitris Memos, CEO, MarineTraffic is a provider of ship tracking and maritime intelligence. The company is dedicated to making actionable information accessible. Its mission to bring about transparency and meaningful change to the maritime world is underlined through its partnerships with bodies such as the International Maritime Organisation, and The UN Conference on Trade and Development (UNCTAD). Established in 2007 and led by Lars Brandstäter, CEO, FleetMon offers a public vessel data collection platform, which helps organisations deliver logistic reports. Its team is focused on crowd knowledge and is an expert in creating web applications to do the job and grow options. The company empowers shipping companies, captains and maritime enthusiasts by allowing them to track and analyse their businesses. FleetMon has customers across 164 countries and around a half million users.Led by CEO François Cazor, Kpler is a data and analytics company on a mission to facilitate sustainable and trade. The company creates data and analytics that bring transparency in dynamic markets characterised by opaque and incomplete information, such as commodity and power markets. Kpler delivers its offering through technology solutions built in the market to make informed and timely trading decisions. 16/02/2023
