Big bucks paid for charts group
Kelvin Hughes has been bought for £52 million by ECI Partners LLP. The company is the world’s largest supplier of nautical charts and publications for commercial and leisure use.
Its product range also includes radar sensors and display technology, voyage data recorders, electronic chart systems and highly advanced integrated bridge systems.
The company says it will increase its investment in technological innovations and constant product development to strengthen its position at the forefront of naval and commercial navigation technology.