he board of Norway’s Kongsberg Gruppen ASA today proposed to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange, while consolidating Kongsberg Defence & Aerospace and Kongsberg Discovery into a
Lisa Edvardsen Haugan, president of Kongsberg Maritime, will lead the new stand-alone Kongsberg maritime business following the demerger.
he board of Norway’s Kongsberg Gruppen ASA today proposed to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange, while consolidating Kongsberg Defence & Aerospace and Kongsberg Discovery into a single entity.
With security and sustainability high on the international agenda., the board has assessed that focused and specialized businesses will be best suited to take advantage of the opportunities this presents.
“This will further strengthen competitiveness in our efforts to create value in a world where security and sustainability are expected to dominate in the coming decades,” says Eivind Reiten, chair of the Kongsberg Gruppen board. “Individually, the companies will gain better navigation opportunities and execution capabilities within their respective markets. Both companies will continue to have significant national strategic importance with headquarters in Norway.”
“The units operate in
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