This morning started with a bang when it was announced that Brunswick is buying Navico for $1.05 billion. The acquisition will close in the second half of 2021 so it’s still early days and both companies’ communications are pretty general. The plan is for Navico CEO Knut Frostad’s leadership team to remain in place and report to Brunswick Advanced Systems Group president Brett Dibkey.
Monthly Archive: June 2021
Brunswick to Acquire Navico; Will Enhance Leadership Position in Marine Technology and Strengthen Global Parts & Accessories Business
Brunswick Corporation (NYSE: BC) today announced that it has entered into a definitive agreement to acquire Navico, a global leader in marine electronics and sensors for $1.05 billion. As a result of this acquisition, Brunswick will add the industry leading brands of Lowrance, Simrad, B&G, and C-MAP to its Advanced Systems Group (ASG), which includes the leading Parts & Accessories (P&A) brands in power management, digital control and monitoring, and networked devices.
Two recent Aqua Map upgrades have brought several new features and the ability to share your location with other Aqua Map users. Aqua Map now displays no-wake zones, artificial reefs, and the state of Georgia’s restricted anchoring zones. Although it might not seem like a major feature, I’m most excited about the ability to display no-wake zones.
Garmin announced the MSC 10 satellite compass just as I finished my review of their GPS 24xd GNSS and heading sensor. So, I’m anxious to test the MSC 10 and see how it performs, how it compares to the GPS 24xd, and how it stacks up against other manufacturers’ satellite compasses.
Installing electronics on a boat is often a solitary experience and leaves one with time to think. Recently, while installing a camera, I found myself thinking about the significant differences in what each manufacturer includes with their equipment. What I realized is that comparing the cost of the item doesn’t tell the full story.