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Kongsberg Maritime Closes Purchase of Sweden's Berg Propulsion

MT Newswires·10/01/2026 11:33:26
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11:33 AM EDT, 10/01/2026 (MT Newswires) -- Kongsberg Maritime (KMAR.OL) completed its purchase of Swedish marine propulsion systems company Berg Propulsion. The acquisition bolsters the Norway-based maritime technology company's propulsion portfolio and market position, according to a Thursday release. The deal was initially announced in July, with undisclosed financial terms.