Jotron Group Merges All Norwegian Operations

(Press Release)
Monday, April 23, 2012

Jotron Group Merges All Norwegian Operations
The Jotron Group today announces that it will merge their Norwegian companies:
  - Jotron AS
  - Jotron Phontech AS
  - Jotron SatCom AS
The name of the new company will be Jotron AS.
Kongsberg Maritime has, as previously announced by the 2 companies in March 2012, already acquired 100% of the shares in Jotron Consultas AS.
“This merger and the sales of Jotron Consultas AS, will allow Jotron to fully focus on our core businesses: communication products and systems for maritime, land and air applications.” says Magnus Vold, Managing Director of the “new” Jotron AS, “It will allow us to consolidate our sales, R&D and production resources to expand the business and better serve our customers worldwide.”
Jotron AS will after the merger have annual turnover of 305 MNOK and 150 employees.
Jotron AS will be organised according to the following market segments:
  • Maritime & Energy: Customer division responsible for all business with maritime and energy customers worldwide.
  • ATC & Coastal Communication: Customer division responsible for all business with ATC (Air Traffic Control) customers as well as coastal (shore to ship) communication projects
The new organization will officially take affect July 1st 2012.

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