Navico Sold to Global Financial Firm
Published on July 12th, 2016
(July 12, 2016) – Navico, a provider of marine electronics and parent company to the Lowrance®, Simrad®, B&G® and GoFree® brands, announced today that Goldman Sachs Merchant Banking Division and Altor Fund IV have partnered and signed an agreement to acquire Navico from the Altor 2003 Fund. The transaction will be subject to customary regulatory requirements and approvals. Full report.