The transaction is Norinnova’s largest exit to date, which have backed Dualog since its inception in 1994. During this period the company has successfully transitioned from being a small national player to becoming a global name in the maritime digitalization space.
The buyer consortium is backed by Dualog’s management and selected existing shareholders. As part of the transaction, N.Y.K., one of the world’s largest transportation companies, will also become a new minority owner in Dualog.
Carnegie congratulates the Norinnova and Dualog team with the successful transaction. We thank you for the vote of confidence and look forward to following the exciting growth journey.