Navico Group announces merger with C-MAP
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Norwegian-based Navico – the world’s largest manufacturer of marine electronics – has today announced a merger with C-MAP, the leading supplier of digital navigational products.
It has joined a stable of strong brands in the Navico line-up that includes Lowrance, Simrad and B&G.
“This merger is an incredible opportunity to drive innovation in the marine industry and lead to a new digital era,” said Leif Ottosson, CEO of the Navico Group. “We see huge potential in bringing our two teams together and accelerating growth.”
“We are incredibly exited to join forces with Navico,” said Sean Fernback, former CEO of C-MAP and now Navico Group CTO and corporate executive member. “We now have an opportunity to create seamless experience by developing an ecosystem that combines the best hardware, software, services and applications.”