Based in Bergen, Tero Marine has developed fleet management software for the shipping industry for more than three decades.
The company’s flagship, TM Master, is a crucial tool for shipowners all over the world, not only as an instrument for planned maintenance (and asset management), but also as a business intelligence resource, Seagull claimed.
“We are proud that we now have an industry leader as Seagull Maritime as our main shareholder. We believe the market knowledge and financial strength of Seagull will help fulfill Tero Marine’s high ambitions, and also create value for our customers and employees,”said Jarle Holmelid, Tero Marine CEO.
Tero Marine is growing and has more than 55 employees in offices and representatives in Norway, UK, Singapore, US, Brazil, Japan and Russia.
The software development is mainly conducted at the head office in Bergen, strongly supported by a team in St Petersburg.
“We are very impressed by the company and the solutions developed by Tero Marine and we believe the company has a great future. The management and employees in Tero Marine are doing a great job in serving customers and developing quality products for the maritime industry.
“There will be no organisational changes and the company will continue as a separate company,” explained Roger Ringstad, Seagull Maritime Group CEO.