Brunswick to acquire navico; will enhance leadership position in marine technology and strengthen global parts & accessories business

Mettawa, ill., june 24, 2021 (globe newswire) -- brunswick corporation (nyse: bc) today announced that it has entered into a definitive agreement to acquire navico, a global leader in marine electronics and sensors for $1.05 billion. as a result of this acquisition, brunswick will add the industry leading brands of lowrance, simrad, b&g, and c-map to its advanced systems group (asg), which includes the leading parts & accessories (p&a) brands in power management, digital control and monitoring, and networked devices.
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