Sachs

Navico Holdings Will Be Acquired by Goldman Sachs Merchant Banking and Altor Fund

Navico – a leading provider of marine electronics and parent company to the Lowrance®, Simrad®, B&G® and GoFree® brands – announced today that Goldman Sachs Merchant Banking Division and Altor Fund IV have partnered and signed an agreement to acquire Navico from the Altor 2003 Fund. Navico is an innovative force within the recreational and commercial marine electronics market and has a rich history of investment in research and development.