Consumer /
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

Investment Advisory Team

Hugo Maurstad

BoD

David Hess

BoD

Tor Herman Smedsrud