Molde, Norway-based Maritech, which provides the seafood industry with cloud-based software solutions, has announced an expansion into Europe and Asia.
Klas Vangen, Maritech's general manager for Europe and Asia, said that the expansion was prompted by demand from the new markets.
“Over the past six to eight years, we’ve experienced incredible growth,” he said. “This year, we’ve seen increasing interest across the global seafood sector in digitizing and professionalizing daily operations. That makes this the perfect time to expand into new markets.”
Enterprise resource-planning (ERP) software has a multitude of applications but generally works by technologically integrating a company’s financial, supply chain, and communications operations into one platform.
In the seafood industry, cloud-based ERP technology often helps firms create a verifiable, digitally linked traceability chain.
“Our existing seafood customers have strong connections with markets across Europe and Asia,” Maritech CCO Per Alferd Holte said. “It’s a natural step for us to follow them into these regions, strengthening their operations while building relationships with new customers.”
Holte added that he was happy that Vangen, a six-year veteran of Martiech’s sales team, had been appointed to manage the expansion.
“Under [Vangen's] leadership, Maritech will build a dedicated team to increase awareness, attract new logos, and solidify the company’s position in the global seafood industry,” he said.
The expansion comes after the company was acquired by software company CAI earlier this year. CAI is a portfolio company of California, U.S.A.-based private equity firm STG.
"We see a strong opportunity to combine the experience and capabilities of CAI and Maritech to build a leading global ERP software for the seafood industry," STG Managing Partner William Chisholm said at the time of the acquisition.
