(KONGSBERG, Norway) — Following European Commission approval, Kongsberg Maritime parent company Kongsberg Gruppen on Monday completed the acquisition of Rolls-Royce Commercial Marine (RRCM). Officially part of Kongsberg Maritime, RRCM will operate under the Kongsberg brand and the Kongsberg Maritime legal entity.
Kongsberg announced its intention to acquire RRCM, an established and trusted global supplier of maritime technology and engineering products, in July 2018. With the unification of Kongsberg Maritime and RRCM, Kongsberg is represented in 40 countries, has more than 11,000 employees and an annual turnover of more than NOK 22 billion. A fleet of more than 30,000 vessels depends on the organization’s combined expertise.
“I have looked forward to this day for a long time. Together we are now well positioned in the market and our ambition is to lead the development of the future maritime industry globally in close cooperation with customers and partners. We shall be the ocean space expert. We have spent a long time planning and preparing, now the work of ensuring a successful integration begins,” said Geir Haoy, CEO of Kongsberg.
With RRCM, Kongsberg Maritime expands its global presence and customer proximity, empowering more sustainable, safe and secure marine operations for all vessel types through cutting-edge operational technology including automation, navigation and control systems. RRCM’s expertise also strengthens Kongsberg's leadership in maritime digitalization, ship intelligence and enabling technologies for autonomous vessels.
For more information, visit www.km.kongsberg.com.