Aker Solutions - M&A Summary and Business Overview

Energy Services And EquipmentCompany

Aker Solutions M&A Summary

Aker Solutions has acquired 13 companies, including 2 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 3 assets.

Aker Solutions’ largest acquisition to date was in 2017, when it acquired Reinertsen AS for $26M. It’s largest disclosed sale occurred in 2010, when it sold Aker Solutions - Process and Construction Business to Jacobs Engineering Group for $675M. Aker Solutions has acquired in 1 US state, and 6 countries. The Company’s most targeted sectors include energy services and equipment (47%) and engineering (16%).

Aker Solutions Business Overview

Where is Aker Solutions headquartered?

Aker Solutions is headquartered in Fornebu, Norway.

What is Aker Solutions’ revenue?

Aker Solutions disclosed revenue of 41,221M NOK for 2022 and 29,195M NOK for 2021.

How many employees does Aker Solutions have?

Aker Solutions has 15,803 employees.

What sector is Aker Solutions in?

Aker Solutions is an energy services and equipment company.

When was Aker Solutions founded?

Aker Solutions was founded in 1841.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity13
    • M&A Sell Activity3
  • Total Sectors Invested 6
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 4

Aker Solutions

Aker Solutions ASA

OksenOeyveien 8 Lysaker,
Fornebu, 1366
Norway,
+47 67 51 30 00
www.akersolutions.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 11 - - 2 - - 13
vol $34M $34M
Sell (0.0/yr) # 3 - - - - - 3
vol $689M $689M
  16

Most Recent M&A

Company Date Value Type
Rainpower AS 2022-03-30 - Add-on Acquisition
Lillestrom, Norway · www.rainpower.eu
Unitech Power Systems AS 2022-02-07 - Add-on Acquisition
Stavanger, Norway · www.unitech.no
Reinertsen AS 2017-03-30 26M NOK Add-on Acquisition
Trondheim, Norway · www.reinertsen.com
Altus Intervention AS 2014-01-01 - Divestiture
Stavanger, Norway · www.altusintervention.com
Opus Maxim Ltd. 2013-09-20 - Add-on Acquisition
GU3 1HU, United Kingdom · www.opus-results.com
International Design Engineering And Services Ltd. 2013-07-16 - Add-on Acquisition
Glasgow, United Kingdom · www.ideas-eng.com
Managed Pressure Operations International Ltd. 2013-02-27 - Add-on Acquisition
Houston, Texas · www.managed-pressure.com
Enovate Systems Ltd. 2013-02-27 - Add-on Acquisition
Aberdeen, United Kingdom · www.enovate.com
Thrum Energy, Inc. 2012-11-26 - Add-on Acquisition
Saint John's, Newfoundland · www.thrumenergy.com
SSH Engineering AS 2012-09-01 - Add-on Acquisition
Stokke, Norway · www.ssh-engineering.no
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 6 (46%) 26M (76%) 1 (33%) 14M (2%)
Engineering 2 (15%) - 1 (33%) 675M (98%)
Machinery 2 (15%) 8M (24%) - -
Business Services 1 (8%) - - -
Software 1 (8%) - - -
Utilities 1 (8%) - - -
Information Technology - - 1 (33%) -
Total 13 $34M 3 $689M

By Geo

State/Country Buy Value Sell Value
Norway 6 26M 3 689M
United Kingdom 3 - - -
Canada 1 - - -
  Newfoundland 1 - - -
Germany 1 - - -
United Arab Emirates 1 8M - -
United States 1 - - -
  Texas 1 - - -
Domestic 6 (46%) 26M (76%) 3 (100%) 689M (100%)
Cross-border 7 (54%) 8M (24%) - -
Total 13 $34M 3 $689M

Deal Values

buy # Total
< $100M 2 $34M
TOTAL $34M
Largest Reinertsen AS
$26M (2017-03-30)
sell # Total
$100M to $1B 1 $675M
< $100M 1 $14M
TOTAL $689M
Largest Aker Solutions - Process and Construction Business
$675M (2010-12-21)

M&A Connections

Deals
Acquired from
Investor(s)
8%
1 (8%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

Company Summary

SECTOR

Energy Services and Equipment

Revenue

41,221   42% 2022
29,195   3% 2021
28,434   3% 2020
29,263   16% 2019
25,232   13% 2018
22,461   2017
(millions of NOK) Show More Show Less

Employees

15,803

Established

1841

Public

AKSO

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