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ShipNet acquired by SpecTec parent company

Volaris Group, parent company of maritime software provider SpecTec, has announced that it has acquired shipping ERP rival ShipNet from Inchcape Shipping Services to expand its presence in the maritime vertical.

{mprestriction ids="1,2"}ShipNet's ERP solution covers chartering and operations, finance and accountancy, technical management, procurement, and disbursement management, and is used by more than 300 shipping related companies worldwide. The financial details of the deal were not disclosed.

“ShipNet is a great fit for our marine portfolio. Volaris gained significant knowledge in helping to grow companies within the marine industry through its previous acquisition of SpecTec in 2012,” said Giampiero Soncini, managing director of the Volaris marine portfolio and previously CEO of SpecTec.

“The ShipNet team and customers can benefit from this experience and Volaris’ commitment to the marine industry.”

ShipNet is headquartered in Oslo, Norway, with a regional presence in Singapore, Japan, India, the United States and the United Kingdom. The company continues to be led by its existing leadership team with oversight from Volaris.{/mprestriction}

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