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New Deal


Announced

Lloyd’s Register to acquire C-MAP Commercial business of Navico.

Synopsis

Lloyd’s Register, an international provider of classification, compliance and consultancy services to the marine and offshore industries, agreed to acquire C-MAP Commercial business of Navico, a marine electronics company. Financial terms were not disclosed. “C-Map Commercial is a fantastic business with great potential and this is exciting news for anyone associated with the business. Lloyd’s Register is an ambitious organisation that has a long history in shipping and outstanding relationships with its customers," Knut Frostad, Navico CEO.

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