Navico Holding AS recently announced that it 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,” says 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.”
For more information, visit pro.simrad-yachting.com.