The Altor 2003 Fund is the majority shareholder with an 88% stake in Navico. Kongsberg Group holds a share of 5% and Navico management the remaining 7%.
Altor is a private equity firm focusing on investments in companies based in the Nordic region.
In addition to capital, Altor invests substantial amounts of its own resources in partnership with management to build lasting value through operating improvements, organic growth initiatives and strategic add-on acquisitions.
www.altor.com
www.kongsberg.com