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Navico

Navico is the 2nd largest developer, manufacturer and distributor of marine electronics for the recreational market, only behind Furuno, based on 2015 sales.

The company was created in March 2006 through the merger of Simrad Yachting and Lowrance Electronics by their common owners, Altor Equity Partners, a Swedish private equity firm. Navico acts as the parent to five distinct and well-known leisure marine brands: B&G, Eagle, Lowrance, Northstar and Simrad Yachting.

Navico has its headquarters in Egersund, Norway, and the group has manufacturing facilities in the United States, UK, Norway, Mexico and New Zealand.