Skip to main content

Navico and C-Map merge

NavicoStorySimrad

Navico and C-Map announced that they have merged. Financial terms were not disclosed.

The parent of Lowrance, Simrad and B&G said C-Map would become a standalone brand in the Navico portfolio, adding that the companies had a “shared ambition” to create the “world’s biggest digital marine ecosystem.”

“This merger is an incredible opportunity to drive innovation in the marine industry and lead a new digital era,” said Leif Ottosson, Navico Group CEO, in the statement. “We see huge potential to bring our two teams together to accelerate growth.”

Sean Fernback, former CEO of C-Map and now chief technology officer of the Navico Group, said the two companies have an opportunity to create a “seamless experience by developing an ecosystem that combines the best hardware, software, services and applications.”

The merger is effectively immediately.

Related

1_CHAPARRAL.FAFARD

Chaparral VP Takes Expanded Role

Senior vice president Mike Fafard will now be in charge of manufacturing, in addition to engineering and design

1_ABYC.ELECTRICAL

ABYC Offers New Electrical Course

Advanced Marine Electrical, the group’s newest certification, is an on-demand, online course outside of scheduled classes

1_SILENTYACHTS

Silent-Yachts Acquires Italian Yard

The facility in Fano, on the Adriatic Sea, has 236,806 square feet of production space and will employ about 250 people

1_GETTINGTECHNICAL

Increasingly Infinite Options

Additive manufacturing is rapidly becoming a go-to technology for companies in the marine industry, and while some choose to outsource, others are taking advantage of the rapidly dropping price of 3D printers.

DealerOutlook

Celebrating 50 Years of the Clean Water Act

The great strides in water quality that the CWA has created have been a huge benefit to boating, but there’s a lot more that remains to be done.

1_IRISINNOVATIONS

Iris Innovations Opens U.S. Office

The U.K.- based on-board camera manufacturer aims to leverage its new location in Fort Lauderdale, Fla., to strengthen its position in the U.S. market.

1_KVHCEO

KVH Industries Appoints CEO, Directors

Brent C. Bruun takes over as president and CEO, and David Kagan and David Tolley were appointed to the board.

1_WINNEBAGO.EARNS

Winnebago Reports 3Q Results

The parent of Chris-Craft and Barletta said profit margins widened after its acquisition of the pontoon builder.