History

Navico History

Navico was born as a fusion of two of the most important international players in marine electronics, Simrad Yachting and Lowrance Electronics.

With the addition of Brunswick New Technologies’ marine electronics division in March 2007, Navico is truly a house of brands, with the B&G, Eagle, MX Marine, Lowrance, Navman, Northstar, and Simrad brands all manufactured and distributed under the Navico umbrella.

Navico expands manufacturing plant in Mexico

27th January 2016

Navico added 50,000 square feet to its manufacturing facility in Mexico and expects to add 300 jobs, which would bring the workforce there to more than 1,000.

Navico Launches New GoFree Brand

18th November 2014

GoFree products include the Insight Genesis personalised mapping service with Social Map community data sharing, BioBase aquatic map SaaS, the online GoFree Shop which offers content from Jeppesen, NV Charts and more, wireless telematics solutions and the GoFree family of mobile apps for iOS and Android products.

Navico Acquires Maris

20th October 2014

Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group.

Navico acquires Contour Innovations

27th January 2014

Navico Holding AS acquires Contour Innovations. Contour Innovations is a mapping and geospatial software company that created the LakeTrax platform, which powers Navico’s Insight Genesis global map-making tool.

Navico acquires Consilium AB’s radar business

3rd January 2014

Navico Holding AS acquires Consilium’s radar business. Navico assume all operations of the radar business, including research and development, product management and manufacturing.

Navico acquires the marine electronics division of Brunswick New Technologies Inc

15th February 2007

Navico International Ltd. agreed to acquire the marine electronics business of Brunswick New Technologies creating the world’s largest supplier of marine electronics for recreational boats. Included in the agreement are the three brands MX Marine, Navman marine and Northstar.

Navico is born from the merger of Simrad Yachting AS and Lowrance Electronics Inc

1st September 2006

Navico was created through the merger of Simrad Yachting and Lowrance Electronics by their common owners, Altor Equity Partners, a Swedish private equity firm.