Kongsberg Maritime on track to becoming a stand-alone company
At an extraordinary general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the leading maritime company on the Oslo Stock Exchange on April 23.
Kongsberg Gruppen ASA, as we know it today, will continue as two companies. The business areas Kongsberg Defence & Aerospace and Kongsberg Discovery will form the new Kongsberg, while the business area Kongsberg Maritime will be spun off as its own company, independent of the group.
“This was one of many milestones we will go through, and it was good to have this step confirmed. At Kongsberg Maritime, we are ready to take the next step and stand on our own feet,” says Lisa Edvardsen Haugan, incoming CEO of the new company. “We are uniquely positioned to take part in the upcoming value creation in the global maritime sector. We have the people, the knowledge, and the innovation power needed to solve the technological challenges the maritime sector will face in the coming years,”
Since the split was announced on October 30, 2025, Kongsberg Maritime has been working to strengthen the organization to prepare it for a future as an independent company. A new management team is in place, the divisional structure has been changed, and critical functions have been strengthened.
“Going forward, we will continue to build on our already leading position and seize new business opportunities, including in the growing market for solutions with both civil and defence applications,” says Edvardsen Haugan.
“Kongsberg Maritime and the rest of the Norwegian maritime cluster have great strategic importance for the country, and we will work to strengthen that significance,” she says. “At the same time, we will continue to expand our footprint and follow our customers wherever they are, since over 80% of our revenues come from the global market.”
She notes that the company’s headquarters will remain in Norway.
The Norwegian state has stated its intention to maintain its majority share of 50.004% of the shares in both the new Kongsberg and Kongsberg Maritime.
“I am very pleased that the Norwegian government recognizes the importance of retaining its ownership in the company and look forward to an active and good dialogue going forward,” says Edvardsen Haugan.
The post Kongsberg Maritime on track to becoming a stand-alone company appeared first on Marine Log.
Nick Blenkey
Go to marinelog