StormGeo to acquire Nautisk´s business from NHST Media Group

NHST Media Group AS has entered into an agreement for the sale of the business of Nautisk Forlag AS to Stormgeo AS. Completion of the transaction is subject to the fulfilment of certain standard conditions and closing is expected within the next month or a soon as is practical.

Part of NHST since its inception in 1896, Nautisk has in recent years invested in the development of new, innovative solutions and has spearheaded the digital transformation of the nautical charts industry. The transaction will make Nautisk part of a broader maritime solutions provider and has a strong strategic logic

Financial details of the transaction are not being disclosed.

For any further information:

Andreas Emblem, Chair of the Board of Nautisk Forlag AS
E-mail: andreas.emblem@nhst.com Phone: + 47 932 56 068