The acquisition represents a strategic step to strengthen Kongsberg Maritime’s propulsion portfolio. Berg Propulsion is a well-established player delivering complete propulsion solutions. The company has demonstrated strong growth and a profitable market position in recent years.
“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,” said Per Håvard Siljan Hjukse, EVP Propulsion & Handling at Kongsberg Maritime.
The combination of Kongsberg Maritime and Berg Propulsion brings together two highly complementary businesses. While KM has a strong position in high-value, performance-driven segments, Berg Propulsion has built a leading presence in volume segments such as general cargo and product tankers.
“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,” said Philip Chaabane, CEO of Berg Propulsion.
At the same time, Kongsberg Maritime will further 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 & Handling division. This approach ensures that Berg’s strong culture, agility, and customer focus are maintained.
“We look forward to learning from Berg’s culture and speed, while leveraging our global capabilities to support their continued growth,” said Per Håvard Siljan Hjukse.
A key ambition of the combination is mutual learning and continuous improvement. The transaction will also unlock significant potential in the aftermarket segment. Berg Propulsion’s installed base and future deliveries can be supported through KM’s extensive global service network.
Kongsberg Maritime will 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 one of the most comprehensive commercial propeller ranges in the market, spanning vessel sizes from standard tonnage to advanced applications.
In 2025, Berg Propulsion generated revenues of approximately MEUR 160, marking significant growth achieved over the past few years, while Kongsberg Maritime, as part of the Kongsberg Group in 2025, generated revenues of MNOK 27,123, corresponding to a growth of 10 percent compared to 2024.
