ClassNK – Acquisition of the Maritime Software House Napa Oy

We are acting as the Finnish legal counsel of Nippon Kaiji Kyokai (ClassNK), a Japanese ship classification society, in its acquisition of Napa Oy, a Finnish maritime software company, which has a total of 170 employees and had a turnover of 18.4 million in 2013. The share purchase agreement regarding the transaction was signed by ClassNK and the majority of Napa Oy’s shareholders on 17 March 2014.

Napa is the world leading software house supplying solutions for ship design and operation with a mission to improve the safety and eco-efficiency of the global maritime industry. Napa’s software is used by various maritime corporations and organisations, such as shipyards, ship owners and operators, charterers, ship designers, classification societies, research institutes, authorities, consultancies and universities.

ClassNK is one of the world’s leading ship classification societies, dedicated to supporting the growth and development of the maritime industry and to ensuring the safety of ships, their crews, and the marine environment. With more than 8,500 vessels on its register, ClassNK provides classification and certification services to more than 20% of the world’s merchant fleet.