100 per cent of the shares in Jotron Consultas AS were recently acquired by Kongsberg Maritime as part of a deal announced in March 2012.
The name of the new combined company will be Jotron AS, with an annual turnover of 305 million NOK (approximately US$53 million) and 150 employees.
“This merger and the sales of Jotron Consultas AS will allow Jotron to fully focus on our core businesses: communication products and systems for maritime, land and air applications,” says Magnus Vold, managing director of the 'new' Jotron AS.
“It will allow us to consolidate our sales, R&D and production resources to expand the business and better serve our customers worldwide.”
Jotron AS will be organised into divisions covering separate market segments, with a Maritime & Energy division responsible for all business with maritime customers worldwide.
The new organisation of the company will officially come into effect on July 1st 2012.