Kongsberg Proposes Listing of Maritime Business

Kongsberg to separate maritime division in major restructuring

Kongsberg has announced a plan to separate its operations into two standalone companies, with each focusing on distinct market opportunities.The post Kongsberg to separate maritime division in major restructuring appeared first on Naval Technology.

Kongsberg proposes listing of Maritime business

Kongsberg Gruppen plans to establish two independent companies, positioning each to target global growth in its respective market. The company's Board proposes a demerger and listing of Kongsberg Maritime on the Euronext Oslo Stock Exchange, while Kongsberg Defence & Aerospace and Kongsberg Discovery will be consolidated into a single technology- and defence-focused entity.