Kongsberg Gruppen ASA entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a technology business within maritime operations.

The transaction is structured as an acquisition by KONGSBERG of the marine products, systems and aftermarket services businesses carried out by subsidiaries of Rolls-Royce plc. The transaction does not include Bergen Engines nor Rolls-Royce’s Naval Business.

Photo: KONGSBERG CEO Geir Håøy (right) and Tristan Halford-Maw, Deputy Director, M&A Rolls-Royce