M&A Deal Summary

Aker Solutions Acquires Reinertsen AS

On March 30, 2017, Aker Solutions acquired energy services and equipment company Reinertsen AS for 213M NOK

Acquisition Highlights
  • This is Aker Solutions’ 5th transaction in the Energy Services and Equipment sector.
  • This is Aker Solutions’ largest (disclosed) transaction.
  • This is Aker Solutions’ 4th transaction in Norway.

M&A Deal Summary

Date 2017-03-30
Target Reinertsen AS
Sector Energy Services and Equipment
Buyer(s) Aker Solutions
Deal Type Add-on Acquisition
Deal Value 213M NOK

Target

Reinertsen AS

Trondheim, Norway
website
Reinertsen AS is a maintenance and modifications supplier in Norwegian offshore market.

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Buyer(S) 1

Buyer

Aker Solutions

Fornebu, Norway

website


Category Company
Founded 1841
Sector Energy Services and Equipment
Employees15,803
Revenue 41.2B NOK (2022)
DESCRIPTION
Aker Solutions office in Houston, Texas.
Aker Solutions office in Houston, Texas.

Aker Solutions is a Norwegian oilfield services company. Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry. Aker Solutions was incorporated in 1841 and is based in Fornebu, Norway.


DEAL STATS #
Overall 11 of 13
Sector (Energy Services and Equipment) 5 of 6
Type (Add-on Acquisition) 11 of 13
Country (Norway) 4 of 6
Year (2017) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Altus Intervention AS

Stavanger, Norway

Altus Intervention AS is a provider of well intervention services and down-hole technology to the oil and gas industry. Altus Intervention was founded in 2014 and is based in Stavanger, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-07 Unitech Power

Stavanger, Norway

Unitech Power engages in the design, analysis, and review of electrical power systems. Unitech Power provides services within all project phases, from early concept development to commissioning, measurements, operation, and incident investigations in the electrical power system. Unitech Power was established in 1985 and is based in Stavanger, Norway.

Buy -