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Kongsberg's CEO on acquisition: First focus is to become profitable

With the acquisition of Rolls-Royce's marine division, Norwegian Kongsberg has acquired a brand new business unit at the perfect time, says CEO Geir Håøy to ShippingWatch. Now, work on the future strategy begins.
With the acquisition of Rolls-Royce's marine division, Kongsberg is strengthening the Norwegian and Nordic maritime cluster, according to CEO Geir Håøy. | Photo: Kongsberg
With the acquisition of Rolls-Royce's marine division, Kongsberg is strengthening the Norwegian and Nordic maritime cluster, according to CEO Geir Håøy. | Photo: Kongsberg
by KATRINE GRØNVALD RAUN

While Geir Håøy, CEO of Kongsberg Gruppen –which supplies equipment to the maritime industry, was clearly excited about the announcement of the company's acquisition, the seller, Rolls-Royce, was probably relieved.

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