TECHNOLOGY

By | 2019 Newsletter week 14 | No Comments

Kongsberg Completes Rolls-Royce Commercial Marine Acquisition

Following European Commission approval, Kongsberg Maritime parent company Kongsberg Gruppen has completed the acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of Kongsberg Maritime, RRCM will operate under the KONGSBERG brand and the Kongsberg Maritime legal entity.

Kongsberg Gruppen announced its intention to acquire RRCM, an established and trusted global supplier of maritime technology and engineering products, in July 2018. With the unification of Kongsberg Maritime and RRCM, KONGSBERG is represented in 40 countries, has more than 11,000 employees and an annual turnover of more than NOK 22 billion. A fleet of more than 30,000 vessels depends on the organisation’s combined expertise.