About

In one of the most notable transactions in the sector in the past year, in July 2018 it was announced that Kongsberg Gruppen has entered into agreement to acquire Rolls-Royce’s Commercial Marine business, which is valued at £500m and is one of the world’s leading technology businesses within maritime operations. The deal is scheduled to be completed in the first quarter of 2019, and in gaining successful clearance from regulatory authorities and ensuring all the major and minor legal aspects of the deal are executed properly, the company’s legal team is set to add to its excellent reputation by assisting with the process of getting the transaction over the line. Christian Karde is the vice president and general counsel at Kongsberg Gruppen and leads the legal team at the international technology corporation, which is concerned with developing advanced systems and technologies for the maritime, offshore, defence and aerospace industries. Being a GC Powerlist: Norway inclusion in 2017, Karde has already received recognition for his demonstrable business success, and the Group’s legal department follows suit in earning praise for its advice on issues such as compliance and M&A issues not only in Norway but in the company’s considerable international operations also. With several different businesses under the Kongsberg Gruppen umbrella, the department is praised for its ability to be flexible and handle a range of topics that span different legal practice areas. With regards to the aforementioned acquisition of Rolls-Royce Commercial Marine, the company’s top management are keen to ensure the Group’s global presence is strengthened and provide increased sales and service volumes, and the legal function has shown a demonstrable effect to this achievement of this aim by its commercially-savvy counsel surrounding the legal aspects of the acquisition.