Mergers and Acquisition Aker Solutions Plans to Buy Norwegian Engineering Firm
Aker Solutions announced plans to expand its portfolio by acquiring Sandnessjøen Engineering, a Norwegian company specialised in oil and gas engineering.
Oslo/Norway – Aker Solutions grows in Norway: The company has announced plans to acquire the Norwegian engineering firm Sandnessjøen Engineering, a company specialised in oil and gas operations as well as civil engineering. "We are pleased that this team now becomes part of Aker Solutions and our rapidly growing engineering network. With the acquisition, Aker Solutions gains a firm foothold in the region, and we hope to grow," says Tore Sjursen, Aker's head of maintenance, modifications and operations.
"Our ambition is to double the company's workforce from the current 24 over the next couple of years. The pace of growth will of course depend on our success in the market and our ability to recruit first-class team members, but generally our markets are strong," Sjursen added.
Aker Solutions already operates a Norwegian office in Tromsø, that will closely co–operate with the operations at Sandnessjøen, company speakers explained. Sandnessjøen's former managing director Halvard Lie will continue to head Aker Solutions in Sandnessjøe. "We have had a good dialogue with Aker Solutions and we believe will see many positive effects by becoming part of such a large oilfield products, systems and services company. We believe Aker Solutions will offer better opportunities for growth than we would have been able to achieve as an independent company," Lie commented.