Navico® and C-MAP announce fusion

Navico - the world's largest manufacturer of marine electronics and C-MAP - leading supplier of digital marine navigation products, both recreational and commercial, announced today the merger of the two companies. C-Map becomes with immediate effect another strong brand in the Navico portfolio alongside Lowrance®, Simrad® and B & G®. The merger will accelerate the company's shared ambition to create the world's largest digital marine ecosystem to provide customers across the world with the best possible experience on the lake.

"This merger is a great opportunity to drive innovation in the marine industry and lead a new digital era," said Leif Ottosson, CEO of Navico Group. "We see huge potential to bring our two teams together and accelerate growth."

"We are incredibly excited to merge with Navico," said Sean Fernback, former CEO of C-MAP and now Technical Manager at Navico Group. "We now have the opportunity to create a seamless product experience by developing an ecosystem that combines the best hardware, software, service and applications."

Jul 02 2018