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Kongsberg Maritime to acquire Berg Propulsion 

Kongsberg Maritime ASA announced an agreement to acquire the Swedish company Berg Propulsion AB. The company is a leading designer and manufacturer of integrated propulsion and electrical systems for the marine market (image: courtesy of Berg Propulsion)

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Comer Industries to acquire 100 percent of Walterscheid Powertrain Group

In 2020, the two companies generated almost 800 million euros revenue and 86.5 million euros of adjusted EBITDA. The merger is based on highly complementary portfolios including aftermarket parts and related through life services for the agricultural, construction and industrial end markets.
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