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Kongsberg Completes Acquisition of Rolls-Royce Marine

marinesalvage by marinesalvage
August 14, 2022
in News
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Kongsberg Completes Acquisition of Rolls-Royce Marine
Kongsberg Completes Acquisition of Rolls-Royce Marine

Kongsberg Completes Acquisition of Rolls-Royce Marine

Norwegian modern technology team Kongsberg Gruppen introduced on Monday it has actually finished its procurement of Rolls-Royce Commercial Marine (RRCM).

Officially component of Kongsberg Maritime, RRCM will certainly run under the KONGSBERG brand name as well as the Kongsberg Maritime lawful entity.

Kongsberg Gruppen introduced its objective to get Rolls-Royce’s aquatic company in July 2018 in a bargain supposedly worth GBP 500 million at the time of the statement. The procurement was to consist of the aquatic items, systems as well as aftermarket solutions organizations of subsidiaries of Rolls-Royce Plc, yet not its Bergen Engines or Rolls-Royce’s Naval Business subsidiaries.

Kongsberg states with the procurement finished, Kongsberg is currently stood for in 40 nations, with 11,000 staff members as well as a yearly turn over of greater than NOK 22 billion. In enhancement, Kongsberg currently has tools as well as distribution connected with around 30,000 vessels worldwide.

“I have looked forward to this day for a long time. Together we are now well positioned in the market and our ambition is to lead the development of the future maritime industry globally in close cooperation with customers and partners. We shall be the ocean space expert. We have spent a long-time planning and preparing, now the work of ensuring a successful integration begins,” states Geir Håøy, Chief Executive Officer of KONGSBERG.

“Our goal is to further develop our track record of innovation and dedication in helping our customers meet the evolving challenges of the maritime industry be it through cutting-edge autonomy and digital solutions or highly reliable power and propulsion systems,” stated Bård Bj ørløw, EVP Global Sales as well as Marketing, Kongsberg Maritime.

“As we continue to create new future-proof answers to today’s challenges, we’re confident that that integration possibilities of the next generation of The Full Picture will unlock new efficiencies and contribute to sustainability, ” includes Bj ørløw.

“I am looking forward to welcoming 3,600 highly skilled new colleagues. Together we will work for a fast and smooth integration of people, cultures, products, solutions and innovative work. Through world-class technology, customer focus, the power to innovate and the willingness to change, we will deliver the results we have promised,” includes President of Kongsberg Maritime Egil Haugsdal.

Source of This New

Tags: Kongsbergmergers and acquisitions
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