Nisshinbo Holdings-backed Alphatron Marine completed the acquisition of Argonics and Argonav.

Nisshinbo Holdings-backed Alphatron Marine, a renowned supplier of integrated bridge solutions, completed the acquisition of Argonics and Argonav, companies specializing in innovative inland navigation systems. Financial terms were not disclosed. With the acquisition, Alphatron Marine gains essential components for autonomous navigation and will be able to enhance operational efficiency and expand into new business areas. Together, the companies plan to enhance research and development of new elemental technologies for autonomous navigation and introduce new business models utilizing digital technologies.