• 2016 turnover USD 318m
  • No. of employees ~ 1,500
  • Acquisition date September 2016

Navico

Navico is a global leader in marine electronics for the recreational market. The company goes to market with three leading brands; Lowrance (fishing), Simrad (powerboats) and B&G (sailing). Navico is also affiliated with C-MAP, a global leader in cartography data and value-added software services

Why we believe in Navico:

  • Navico is a global leader in the recreational marine segment with superior product innovation capabilities, a highly efficient supply chain and differentiated brands
  • The company is, together with C-MAP, uniquely positioned to capitalize on the digitalization of the marine electronics market, and to expand its presence in commercial marine electronics

Team

  • Leif Ottosson CEO

Investment Advisory Team

  • Hugo Maurstad BoD
  • David Hess BoD
  • Stian Tuv
  • Tor Herman Smedsrud
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