Kongsberg Maritime has announced an agreement to acquire the Swedish company Berg Propulsion, a designer and manufacturer of integrated propulsion and electrical systems for the maritime market.
The acquisition represents a strategic step to strengthen Kongsberg Maritime’s propulsion portfolio. Berg Propulsion is an established player delivering complete propulsion solutions. The company has demonstrated strong growth and a profitable market position in recent years.
Lisa Edvardsen Haugan, CEO Kongsberg Maritime, said: “This acquisition is central in our growth plan and strengthens our ability to serve a broader range of customers and vessel segments. Berg Propulsion complements our portfolio in a highly attractive way, and together we will deliver greater value through a wider offering, stronger lifecycle support, and shared expertise.”
The combination of Kongsberg Maritime and Berg Propulsion is said to bring together two highly complementary businesses. While KM has a strong position in high-value, performance-driven segments, Berg Propulsion has built a significant presence in volume segments such as general cargo and product tankers.
Philip Chaabane, CEO Berg Propulsion, added: “Joining forces with Kongsberg Maritime is an exciting opportunity for Berg Propulsion. Our businesses complement each other well, and together we can create new opportunities for our customers and employees. We look forward to contributing our strengths while also benefiting from Kongsberg Maritime’s global scale and aftermarket capabilities.”
The acquisition will enable Kongsberg Maritime to strengthen its position as a global lifecycle partner for propulsion solutions. Following completion, Berg Propulsion will operate as a separate brand and standalone business unit within Kongsberg Maritime’s Propulsion and Handling division, to ensure that Berg’s own culture, agility and customer focus are maintained.
Per Håvard Siljan Hjukse, EVP Propulsion and Handling, Kongsberg Maritime, said: “We look forward to benefit from Berg’s culture and speed, while leveraging our global capabilities to support their continued growth and execute on the synergies. The transaction will unlock significant potential in the aftermarket. Berg Propulsion’s large installed base and future deliveries can be supported through KM’s extensive global service network. We also see cross selling opportunities, such as our Energy and Control products into Berg Propulsion’s core segments, and Berg’s propeller systems into naval where KM has strong positions,”
Kongsberg Maritime expects to benefit from Berg Propulsion’s strong entrepreneurial culture, lean operations and speed in execution. At the same time, Berg Propulsion will gain access to KM’s global scale, systems expertise and structured capabilities.
The combined propulsion portfolio will cover a full spectrum of technologies, including:
- Controllable pitch propellers and thrusters
- Hybrid and electrical propulsion systems
- Integrated vessel control solutions
Together, Kongsberg Maritime and Berg Propulsion will offer a comprehensive commercial propeller range, spanning vessel sizes from standard tonnage to advanced applications.
In 2025, Berg Propulsion generated revenues of approximately €160m, reflecting strong growth the last five years, while Kongsberg Maritime, as part of the Kongsberg Group in 2025, generated revenues of NOK 27,123m, corresponding to a growth of 10% compared to 2024. The transaction is subject to certain conditions, including customary regulatory approvals.
Image: Berg Propulsion is set to become part of Kongsberg (source: Kongsberg Maritime)
