Navico, parent company of the Lowrance, Simrad, B&G and GoFree brands, appointed Nicolas Quéru to lead its commercial marine division worldwide.
Navico (Lowrance, Simrad, B&G)
Navico develops, makes and distributes marine electronics for the recreational market and is the parent company of the Lowrance, Simrad Yachting and B&G brands.
In an exclusive partnership with Crest Pontoons, Simrad GO5 XSE multifunction displays will be offered as the standard navigation system on all 2017 Caliber, Classic, Caribbean, Continental and Savannah boats.
Lowrance said readers of Game & Fish/Sportsman Magazine selected the company’s HDS Gen3 as their Favorite Fishfinder/GPS in this year’s Readers’ Choice Awards.
Goldman Sachs and Altor Fund IV partnered and are acquiring Navico Holding AS, parent company of the Lowrance, Simrad, B&G and GoFree brands, from the Altor 2003 Fund.
After a successful 2015 that saw an 11 percent gain in revenue, Navico kicked off the new year by introducing an array of more affordable products and enhancements to its sonar technology in hopes of continued growth and possible acquisitions this year.
DUCK KEY, FLA. — Talk about tricked out. The 278 Dusky Open Fisherman was packed with just about every navigational nuance from Navico.
Navico added 50,000 square feet to its manufacturing facility in Mexico and expects to add 300 jobs, which would bring the workforce there to more than 1,000.
DUCK KEY, Fla. — Marine electronics company Navico saw double-digit revenue growth in 2015, capturing market share and riding a wave of new products that collected a handful of industry innovation awards, company executives said Tuesday.
Two of the biggest players in marine electronics are in a legal battle over technology patents that could force one manufacturer to pull product from store shelves.
Fishfinding marine electronics manufacturer Lowrance announced a renewed OEM partnership with Phoenix Bass Boats.