Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and
Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and defense company.
The group said sustainability and security trends have driven strong growth over the past decade and are expected to continue shaping demand, making focused specialist businesses better positioned for global opportunities.
The Norwegian state, which owns 50% of Kongsberg, has expressed support for the transaction, according to the company.
Kongsberg Maritime is proposed to be separated from Kongsberg Gruppen and become an independent company, with plans to list the business in the first half of 2026.
Shares in the new company will be distributed to existing Kongsberg shareholders on a one-for-one basis, with no new capital raised.
Once listed, Kongsberg Martiime President Lisa Edvardsen Haugan will lead the new company.
“We are heading towards an exciting new future. In Kongsberg Maritime, we are ready to take the next step and stand on our own. Globally, the maritime industry is set to double by 2035, and we are uniquely positioned to take part in the upcoming value creation. We have the people and the knowledge needed to
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