Navico acquires Italian manufacturer - Trade Only Today

Navico acquires Italian manufacturer

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Navico said it has finalized an agreement to acquire Italian marine monitoring and control systems manufacturer Naviop.

Providing the integration framework to capture data from all boating systems, Naviop creates a digital ecosystem on boats outfitted with Simrad, Lowrance and B&G marine electronics, with the multifunction display serving as the hub for complete system control and information.

“We are pleased to welcome Naviop to the Navico family,” Navico CEO Leif Ottosson said in a statement. “For years, auto manufacturers have provided consumers with a complete integration solution at their fingertips and we, as a marine industry, have fallen behind the curve to provide the same level of convenience and control.”

“With Naviop, we have taken a step forward to provide a comprehensive system-integration package for the boatbuilding market — a position that is already well received with many of our boatbuilding customers,” Ottosson said. “Most importantly, these fully integrated marine-electronics systems will enhance the boating experience by making it easier to be an owner and by increasing enjoyment on the water.”

Navico said it will, through this acquisition, take a further step in shifting the idea of a central multifunction display to an integrated cloud-connected information system.

Navico said Naviop’s success to date comes from its origin in industrial automation and is the result of continuous research and the development of new products and systems, and system implementations.

Navico said Naviop systems are able to work as an integration hub, as well as a digital switching solution, meeting many international industrial standards, and they can manage everything from air conditioning and engines to diesel generator units and stabilization systems.

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