Kongsberg Maritime ASA Moves To Acquire Steerprop

Kongsberg Maritime ASA Moves To Acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, the Finnish manufacturer of azimuth propulsion systems whose equipment is marketed and supported in the U.S. inland waterways market by Karl Senner LLC. Financial terms were not disclosed. The transaction remains subject to customary regulatory approvals and other closing conditions. Based in Rauma, Finland, […]