Acquisitions in Rogaland, Norway

Brunswick Corporation has entered into a definitive agreement to acquire Navico, a Norway-based leader in marine electronics and sensors, for $1.05 billion. The deal adds the Lowrance, Simrad, B&G and C-MAP brands to Brunswick's Advanced Systems Group, strengthening its parts & accessories and marine-technology capabilities and accelerating Brunswick's ACES strategy.

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG), via its Norwegian unit PGNiG Upstream Norway AS, agreed to acquire all assets of INEOS E&P Norge AS from INEOS for USD 615 million. The assets comprise predominantly gas-producing fields, exploration licences on the Norwegian continental shelf and an 8.2% interest in the Nyhamna gas terminal — a strategic move to boost PGNiG's Norwegian gas output and diversify Poland's gas imports.

Accel-KKR has made a majority growth investment in NAVTOR to accelerate the company's organic growth and support transformative M&A expansion. NAVTOR, headquartered in Egersund, Norway, is a leader in cloud-based e-navigation solutions (ENCs, digital publications, route optimization and fleet management); Crescent Capital Group LP partnered on financing for the deal.