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Acquires Brookes & Gatehouse Ltd.

KONGSBERG has acquired the British company Brookes and Gatehouse Ltd. (B&G) from Yeoman Group plc in England. The purchase price is appr. MNOK 32.

Brookes and Gatehouse manufactures recognised instrumentation equipment to the high end yachting industry and especially holds a prestigious position in the sailing market. The acquisition will strengthen the Group's Yachting & Fishery segment, where the daughter company SIMRAD already is a strong brand with representation in 47 countries.

- This acquisition gives us access to new technology and strengthens SIMRAD's position, especially in the sailing market, says Jan Berner, president of SIMRAD AS.