Kongsberg Maritime Shuts Down KM Contros
Kongsberg Maritime (KM), a Norwegian technology enterprise within the Kongsberg Gruppen, informed that it has suspended the sale of the previously announced German KM Contros GmbH to AML Oceanographic Ltd. (AML).Following a strategic evaluation and prioritization of the KM business in 2019, the company decided to divest Contros, and a Letter of Intent was signed with a future buyer of the business.However, the companies have now agreed not to pursue the previously announced letter of intent, and the sale of Contros will therefore not proceed. Consequently, Kongsberg Maritime has decided to cease the Contros operations, a press release said.Contros is a subdivision of the Sensors & Robotics division in KM, it’s located in Kiel/Hamburg, Germany.
Kongsberg Sells KM Contros to AML
Norwegian technology enterprise Kongsberg Maritime (KM) has decided to divest KM Contros GmbH (Contros) to AML Oceanographic Ltd. (AML).Contros has 20 employees and is a subdivision of the Sensors & Robotics division of KM. The company is located in Kiel / Hamburg, Germany.Contros has two primary lines of business: Sensors that measure dissolved gases in water and platforms and deployment systems for in-situ oceanographic measurement.KM believes AML will be an excellent owner for Contros. KM and AML already have a strong long-term business relationship, which will be further strengthened with a co-operation agreement (COA) between the…
