04 September 2024

LR Acquires Ocean Technologies Group

Lloyd’s Register Group (LR) has agreed to acquire Ocean Technologies Group (OTG) from European private equity firm Oakley Capital, according to a company statement.

Ocean Technologies Group (OTG) provides training, compliance, operational and HR software to over 1,000 shipowners and operators. Lloyd’s Register (LR) will now offer OTG’s solutions to a combined fleet of over 30,000 vessels.

https://cruiseindustrynews.com/cruise-news/2024/09/lr-acquires-ocean-technologies-group/

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