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)
A big Scandinavian star is born in the service of the maritime industry. 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.
Strengthening the Propulsion Offering
“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”, says 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.
The Comment of Berg Propulsion’s CEO
“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”, says Philip Chaabane, CEO of Berg Propulsion.
Preserving agility and culture
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”, says 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 offering
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.
About Revenues
In 2025, Berg Propulsion generated revenues of approximately 160m €, 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, – Roughly 2,45 B € – corresponding to a growth of 10 per cent compared to 2024.