Kongsberg Completes Rolls Marine Acquisition

Following European Commission approval, Kongsberg Maritime parent company Kongsberg Gruppen has completed the acquisition of Rolls-Royce Commercial Marine (RRCM).

Officially part of Kongsberg Maritime, RRCM will operate under the Kongsberg brand and the Kongsberg Maritime legal entity. RRCM includes propulsion equipment, deck machinery and automation and control systems, as well as a ship-design arm for off-shore, cargo, passenger and fishing-vessel customers. Also included is a business that develops remote and autonomous control of commercial ships.

Rolls-Royce said the naval marine gas turbine and its USA-based propeller operations of its former marine business unit have already been consolidated within its Defense business. Through the Bergen Engines operation of its Power Systems business and under the Rolls-Royce brand name, Rolls-Royce said it remains an important developer and manufacturer of diesel and gas medium-speed engines for a variety of markets including commercial marine and power generation. Kongsberg will, through a trading arrangement, continue to have access to Bergen Engines product.

Kongsberg announced its intention to acquire RRCM, a global supplier of maritime technology and engineering products, in July 2018. With the unification of Kongsberg Maritime and RRCM, Kongsberg is represented in 40 countries, has more than 11 000 employees and an annual turnover of more than NOK 22 billion.

“I have looked forward to this day for a long time,” said Geir Håøy, CEO of Kongsberg. “Together we are now well positioned in the market and our ambition is to lead the development of the future maritime industry globally in close cooperation with customers and partners. We shall be the ocean space expert. We have spent a long time planning and preparing, now the work of ensuring a successful integration begins.”

With RRCM, Kongsberg Maritime said it expands its global presence and customer proximity, empowering more sustainable, safe and secure marine operations for all vessel types through cutting-edge operational technology including automation, navigation and control systems. RRCM’s expertise also strengthens Kongsberg’s leadership in maritime digitalization, ship intelligence and enabling technologies for autonomous vessels.

“Our goal is to further develop our track record of innovation and dedication in helping our customers meet the evolving challenges of the maritime industry, be it through cutting-edge autonomy and digital solutions or highly reliable power and propulsion systems,” said Bård Bjørløw, EVP Global Sales and Marketing, Kongsberg Maritime. “As we continue to create new future-proof answers to today’s challenges, we’re confident that the integration possibilities of the next generation of The Full Picture will unlock new efficiencies and contribute to sustainability.”

Executive Vice President of Kongsberg Maritime Egil Haugsdal said he was looking forward to welcoming 3600 highly skilled new colleagues.

“Together we will work for a fast and smooth integration of people, cultures, products, solutions and innovative work,” Haugsdal said. “Through world-class technology, customer focus, the power to innovate and the willingness to change, we will deliver the results we have promised.”

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