Navico to Buy BNT Marine Electronics

Thursday, February 15, 2007
Navico International Ltd. agreed to acquire the marine electronics business of Brunswick New Technologies (BNT), a unit of Brunswick Corporation . Subject to regulatory approvals, this transaction, which is expected to close during March 2007, will create the world's largest supplier of marine electronics for recreational boats. Included in the agreement are the three brands MX Marine, Navman marine and Northstar. The combined businesses had revenues of USD 50 million in 2006 with primary operating facilities in New Zealand, the United States, Australia, and the United Kingdom. MX Marine has a 30-year heritage in providing high precision navigation systems for commercial and government vessels. Navman marine offers a portfolio of marine electronics products and GPS solutions, designed and manufactured in New Zealand, and has established a leading market position in Australasia as well as a strong presence in Europe over the last 15 years. Northstar has been a leader in the US marine electronics industry for over 35 years, and now offers a range of solutions that combine navigation, radar, and entertainment functionality. Boat builders and boat owners alike value Northstar's systems. As part of the transaction, Brunswick will enter into a supply agreement with Navico, which secures a close partnership with all Navico brands to supply leading-edge technology to the Brunswick Boat Group.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

GOST Debuts New Technology at Workboat

GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems,

The Digital Oilfield Microwave Communication Offshore Brazil

With most offshore wells in Brazil located between 30 and 300 km from the coast, communication with offshore assets has not always been straightforward or reliable.

Transas ECDIS Passes New IHO & IEC Standards

Transas Navi-Sailor 4000 ECDIS has passed all DNV-GL tests according to the new IHO & IEC standards. The new generation of the Transas ECDIS complies with the

Coast Guard

Nearly 100 Rescued after Batam Ferry Hits Trouble

Almost 100 people were rescued when a ferry sailing toward Singapore from the Indonesian island of Batam hit a floating object and reportedly started to sink, maritime officials said.

Rocket Debris Found Near Isles of Scilly

A piece of metal thought to be debris from an American space rocket was recovered from the sea off the Isles of Scilly.   The metal – a large section of alloy about 10 meters by 4 meters,

Passengers Transferred from Stranded Ferry

Passengers were transferred from Indonesia-registered Sea Prince after the ferry struck a floating object after leaving the Nongsapura ferry terminal in Batam late on November 29.

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1015 sec (10 req/sec)