Elias Neocleous & Co LLC is pleased to have assisted Lupp + Partner PartG mbB in advising Norwegian based Mintra Holding AS on its strategic expansion and strengthening of its training capabilities through the cross-border acquisition of German based maritime digital learning and crew competence management specialists Safebridge GmbH and its Cyprus subsidiary Safebridge Limited. Mintra is a leading provider of digital education and training solutions with a special focus on safety-critical industries, and this expansion greatly increases the company’s operational capabilities in crew management training and certification technologies, giving Mintra an integrated, unique and market-leading position.
Mintra’s CEO Scott Kerr welcomed the closing of the transaction commenting that “Safebridge has a strong reputation in the market, with an excellent team and products, and a loyal customer base. In welcoming Safebridge to the Mintra family, we increase our capabilities in maritime and create an opportunity to share this specialist knowledge and expertise with our wider customer base.”
The full press release, can be viewed here. For further information on this transaction please contact Andrea Kallis Parparinou, Kyriaki Stinga, or your usual contact at Elias Neocleous & Co LLC.