M&A Deal Summary

Kongsberg Gruppen Acquires Rolls Royce Holdings - Commercial Marine Business

On July 6, 2018, Kongsberg Gruppen acquired marine company Rolls Royce Holdings - Commercial Marine Business from Rolls Royce Holdings for 500M GBP

Acquisition Highlights
  • This is Kongsberg Gruppen’s 2nd transaction in the Marine sector.
  • This is Kongsberg Gruppen’s 0th largest (disclosed) transaction.
  • This is Kongsberg Gruppen’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-07-06
Target Rolls Royce Holdings - Commercial Marine Business
Sector Marine
Buyer(s) Kongsberg Gruppen
Sellers(s) Rolls Royce Holdings
Deal Type Divestiture
Deal Value 500M GBP

Target

Rolls Royce Holdings - Commercial Marine Business

London, United Kingdom
Rolls Royce Holdings plc - Commercial Marine Business includes propulsion, deck machinery, automation and control, a service network spanning more than 30 countries and ship design capability, which to date has seen around 1,000 ships of Rolls-Royce design delivered to offshore, cargo, passenger and fishing vessel customers worldwide.

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Buyer(S) 1

Buyer

Kongsberg Gruppen

Kongsberg, Texas, Norway

website

Category Company
Founded 1814
Sector Technology Hardware
Employees11,364
Revenue 27.4B NOK (2021)
DESCRIPTION

Kongsberg Gruppen is an international technology corporation that delivers advanced and reliable solutions that improve safety, security and performance in complex operations and during extreme conditions. Kongsberg was founded in 1814 and is based in Kongsberg, Norway.

DEAL STATS #
Overall 2 of 2
Sector (Marine) 2 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-16 Hydroid

Pocasset, Massachusetts, United States

Hydroid LLC is a manufacturer and supplier of autonomous underwater vehicles (AUV) for military and commercial markets worldwide. Its REMUS line of unmanned underwater vehicles (UUV) has provided deployable solutions for use in defense, marine research and commercial applications. Hydroid specializes in UUV design, engineering, production and support.

Buy $80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-04 Hydroid

Pocasset, Massachusetts, United States

Hydroid LLC is a manufacturer and supplier of autonomous underwater vehicles (AUV) for military and commercial markets worldwide. Its REMUS line of unmanned underwater vehicles (UUV) has provided deployable solutions for use in defense, marine research and commercial applications. Hydroid specializes in UUV design, engineering, production and support.

Sell $350M

Seller(S) 1

SELLER

Rolls Royce Holdings

London, United Kingdom

website

Category Company
Founded 1884
Sector Aerospace
Employees48,200
Revenue 13.5B GBP (2022)
DESCRIPTION
Rolls Royce office in Reston, Virginia.
Rolls Royce office in Reston, Virginia.

Rolls-Royce is a provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy. Rolls-Royce Holdings was founded in 1884 and is based in London, the United Kingdom.

DEAL STATS #
Overall 4 of 7
Sector (Marine) 1 of 1
Type (Divestiture) 4 of 7
Country (United Kingdom) 4 of 5
Year (2018) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-11 Industria de Turbo Propulsores S.A.

Zamudio, Spain

Industria de Turbo Propulsores S.A. is involved in designing, developing, manufacturing and casting, assembly and testing of aeronautical engines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-26 Rolls Royce Holdings - Civil Nuclear Business

London, United Kingdom

Rolls Royce Holdings plc - Civil Nuclear Business operates 11 sites in Canada, France, the UK, and the U.S. The division has grown into a formidable provider of instrumentation and control systems; inspections, testing, and site services; plant automation and monitoring systems; and digital services.

Sell -
Mergr

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