Consumer & Retail /
Navico
2019 turnover
EUR 306m
No. of employees
~ 1 656
Acquisition date
September 2016
Fund
Fund IV
Navico is a global leader in marine electronics for the recreational market. The company goes to market with four leading brands; Lowrance (fishing), Simrad (powerboats), B&G (sailing) and C-MAP (cartography and navigation software)
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 uniquely positioned to capitalize on the digitization of the marine electronics market, expand in attractive adjacent markets, and to expand its presence in commercial marine electronics
Team
Knut Frostad
CEO