Kongsberg Gruppen ASA, based in Oslo, Norway, has proposed the establishment of two independent companies to seize global growth opportunities.
The company's board of directors proposes to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange.
Additionally, Kongsberg Defence & Aerospace and Kongsberg Discovery will be consolidated into a single entity, a technology and defence company.
The company aims to create two focused and independent companies, each positioned to seize global growth opportunities within their respective markets.
Author's summary: Kongsberg proposes listing maritime business and consolidating defence and technology.