Navico Acquires Consilium Radar Business

MarineLink.com
Thursday, January 02, 2014
Leif Ottosson: Photo credit Navico Holding AS

Navico Holding AS, parent company to the Simrad brand and Consilium AB, has acquired Consilium’s radar business. As part of the transaction, Navico takes over all operations of the radar business in Italy, including research and development, product management and manufacturing.

“The professional marine market is a strategic priority for our growth ambitions,” said Leif Ottosson, president & CEO of Navico Holding AS. “With the acquisition of Consilium’s radar business and the sales and distribution agreement, we will obtain a very strong proven technology and product portfolio to drive our continued expansion and success within this sector.”

Navico and Consilium have also entered into a sales and distribution agreement. Under the terms, Consilium will continue to sell and service the Consilium Selux radar line as well as distribute Navico’s complete portfolio of Simrad Professional products throughout its global sales and distribution network.

This strategic acquisition further secures Navico’s position at the forefront of professional marine electronics by adding top quality radar products and competencies to its Simrad Professional range of products.

As part of this acquisition, Navico adds a highly talented team of professional radar experts from design to manufacturing and sales to its core staff. The Consilium research and manufacturing facilities in Italy, with over 50 years of radar experience, are now also part of Navico.

www.navico.com
http://pro.simrad-yachting.com
http://consilium.se/marine-safety/navigation

 

 

 

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

People & Company News

Asia-N.Europe Box Rates Jump 26 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped by 26 percent to $591 per 20-foot container (TEU) in the week ended on Friday,

CMA CGM-led Consortium Win Box Terminal Bid

The consortium formed by CMA CGM, Bolloré and CHEC won the bid process initiated by the Cameroonian government Following the bidding procedure initiated by the Cameroonian government,

BIMCO Outlines LIS Week Schedule

BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats

Marine Electronics

Powering the First Electric Commercial Fishing Boat

The world’s first electric commercial fishing vessel will be powered by a Corvus lithium polymer Energy Storage System (ESS) integrated with a Siemens propulsion

MN 100: Baker, Lyman & Co., Inc.

The Company: A wheelhouse favorite for generations, Baker, Lyman & Co. is the oldest NOAA & Admiralty Chart Agent in the United States. New Orleans-based Baker

SUNY Maritime to Host e-Navigation Conference

SUNY Maritime College will host the 2015 e-Navigation Underway North America Conference September 28-30 in New York   It is likely that regions like the Baltic,

Navigation

HMAS Canberra Initial Operational Capability

The Royal Australian Navy’s Amphibious Ship, HMAS Canberra, has completed a graduated operational test and trials program to achieve a key milestone towards Initial Operating Capability.

World’s Quickest Trip Through Northern Sea Route

Chinese sailor Guo Chuan intends to make it world’s quickest Northern Sea Route trip from Murmansk to the Bering Strait in 14 days without engine power. His

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

Maritime Safety

Cargo Ship Collides with Fueling Vessel at Sea

A 24-meter fuelling vessel, Erin Wood, was towed to Peterhead Saturday after a collision with a Cyprus registered cargo vessel, Daroja, the U.K. Maritime and Coastguard Agency (MCA) reported.

Greek Coastguard Rescues 2,500 over Three Days

Greece's coastguard has rescued about 2,500 migrants and refugees off the country's eastern islands over the past three days, authorities said on Monday, as the

BIMCO Outlines LIS Week Schedule

BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats

People in the News

BIMCO Outlines LIS Week Schedule

BIMCO’s breakfast brief, titled “The Future Of Maritime Security” is aimed at CEOs and Directors who will have an opportunity to hear more on the latest threats

Hurricane Ignacio Will not Affect Hawaiian Port Operations

The Coast Guard Captain of the Port continues to closely monitor the movement of Hurricane Ignacio and based on the storms current trajectory to the northwest

New Satcom Global Website in Oceania

Today, Satcom Global launched its Australian website, www.satcomglobal.com.au, which will offer a platform to better support our valued channel partners and customers in the region.

Yachts

Man Earns Jail Time for Hoax Coast Guard Calls

A man found guilty of making numerous hoax calls to the U.K. Coastguard has been jailed for four months, the U.K. Maritime and Coastguard Agency (MCA) reported.

Sailboat Catches Fire off Honolulu

A sailboat with five people aboard caught fire off Honolulu, Thursday, promting responsefrom the U.S. Coast Guard who sent a 45-foot Response Boat-Medium crew from

Collaboration Helps Save 2 from Sinking Yacht

The U.S. Coast Guard, the Alpena Sheriff's Department and several good Samaritans are assisting two men aboard a 42-foot sailboat that began taking on water early

Mergers & Acquisitions

Keppel Acquires Cameron's Rig Business

Singapore's Keppel Offshore & Marine (KOM), via subsidiary, Keppel Offshore & Marine USA  has inked a deal with Cameron International Corporation, a US-based oil and gas solutions provider,

TASI Acquires SignalFire Telemetry

TASI HOLDINGS INC. announced today it has completed the acquisition of all shares of SignalFire Telemetry, located in Hudson, Massachusetts.  This new acquisition

IRS Opens Office in Abu Dhabi

Indian Register of Shipping (IRClass), a leading Classification Society, today announced it has opened offices in Abu Dhabi. Abu Dhabi is the second office

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.8158 sec (1 req/sec)