Lloyds Register completes acquisition of Ocean Technologies Group

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Lloyd’s Register Group (LR), a global provider of maritime professional services and digital solutions, has completed the acquisition of Ocean Technologies Group (OTG), a leading trusted provider of human capital management and operational software dedicated to the global maritime industry, from European private equity firm Oakley Capital.

This follows the acquisition of OneOcean (OO) in 2022, and the purchase of a 50 per cent stake alongside the International Chamber of Shipping (ICS) in ISF Watchkeeper in 2023.

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