Acquiring Company
Kongsberg Maritime
Acquired Company
Steerprop
Kongsberg
SatakuntaManufacturingAerospaceManufacturingDescription
Kongsberg Maritime has announced its agreement to acquire Steerprop, enhancing its Arctic propulsion capabilities. This acquisition will merge Steerprop's specialized knowledge with Kongsberg's global organization and services. The deal aims to strengthen Kongsberg's position in a growing market segment focused on Arctic and ice-class vessel technology. Both companies will continue to operate independently until the transaction is finalized.
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Based on deal dataFrequently asked
Who acquired Steerprop?
Steerprop was acquired by Kongsberg Maritime, based in Kongsberg. The deal was reported on September 9, 2026. KONGSBERG is a global technology company that delivers advanced systems and solutions to customers in the maritime, defense, aerospace, and oil & gas sectors. Kongsberg Maritime is privately held and operates in Manufacturing.
When did Kongsberg Maritime acquire Steerprop?
Kongsberg Maritime's acquisition of Steerprop was reported on September 9, 2026. Kongsberg Maritime has announced its agreement to acquire Steerprop, enhancing its Arctic propulsion capabilities. This acquisition will merge Steerprop's specialized knowledge with Kongsberg's global organization and services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Steerprop do?
Steerprop is a renowned Finnish company specializing in the design and manufacturing of azimuth propulsion systems. The company has a strong focus on high ice-class and Arctic vessels, with over 400 systems installed globally. It is privately held, operating in Manufacturing, and is based in Satakunta.
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