09JUL2018 - NEWS - Norway based Kongsberg Gruppen entered into a agreement to acquire Rolls-Royce’s commercial marine business

Norway based technology group, Kongsberg Gruppen has recently entered into an agreement to acquire Rolls-Royce’s commercial marine business. In a GBP 500 million deal, this acquisition includes the marine products, systems and aftermarket services businesses of subsidiaries of Rolls-Royce Plc. Founded during 1814, Kongsberg Gruppen is headquartered at Kongsberg, Norway.