Kongsberg to spin off maritime arm in planned IPO

The Norwegian state, which owns 50 per cent of the group’s shares, has expressed support for the transaction, the company said, adding that the demerger and separate listing of Kongsberg Maritime was expected to take place in April 2026.

The government did not immediately respond to a request for comment.

Kongsberg Maritime makes propulsion systems, emission reduction solutions and other equipment for the shipping industry ranging from cargo and passenger ships to fishing boats and offshore wind turbine installers, its web site shows.