NOTE and Silva in close co-operation

Silva, a world leader in the development and production of marine navigation instruments, is moving all its production from Scotland to Sweden. This is being done in close co-operation with NOTE, an all-Swedish company, which can thus count another multi-million order.

- We will manufacture electronic instruments for leisure boats and racing, such as sonar, anemometers and logs," says Patrik Kvarnlöf, NOTE's Sales Manager. "This deal strengthens our position in the advanced consumer products segment, which we're very pleased about. We're looking forward to the collaboration, where we can act as a partner in the production and development of Silva's electronic navigation products," concludes Patrik.

Discussions on this collaboration have been ongoing for over a year, and in addition to producing at NOTE, Silva will transfer production to its Sollentuna plant.

- Proximity and a long-term approach were important to us in our search for a suitable partner. Another decisive factor in our choice was that NOTE is a stable Swedish company," says Lars Gullikson, CEO of Silva.

For further information contact:
Patrik Kvarnlöf, Deputy CEO, NOTE Norrtelje AB, +46 (0)176-793 05, +46 (0)708-85 35 90 or Lars Gullikson, CEO Silva AB, +46 (0)8-623 43 00.

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