Øglænd System - Ownership and Business Overview

Energy Services And EquipmentCompany

Øglænd System Ownership

Who owns Øglænd System?

Øglænd System is owned by Hilti Group. It was acquired on June 2, 2017.

Was Øglænd System formerly PE-backed?

Yes. Øglænd System was formerly owned by 1 private investor.

Øglænd System Business Overview

Where is Øglænd System headquartered?

Øglænd System is headquartered in Kleppe, Norway.

What is Øglænd System’s revenue?

Øglænd System disclosed revenue of 1,483M NOK for 2016 and 110M USD for 2012.

How many employees does Øglænd System have?

Øglænd System has 250 employees.

What sector is Øglænd System in?

Øglænd System is an energy services and equipment company.

When was Øglænd System founded?

Øglænd System was founded in 1977.

Energy Services And Equipment M&A Summary in 2017

Out of 60 sectors in the Mergr database, energy services and equipment ranked 20 in number of deals in 2017. The largest energy services and equipment acquisition in 2017 was ONEOK Partners - which was acquired by ONEOK for $17.2B.

Join Mergr to view all 140 acquisitions of energy services and equipment companies in 2017, including 21 acquisitions by private equity firms, and 119 by strategics.

Øglænd System

Oglaend System Group

Engelsvollveien 264 ,
Kleppe, N-4358
Norway,
+47 51 78 81 00
www.oglaend-system.com

Øglænd System develops, manufactures, and sells multidiscipline support solutions, cable trays, and cable ladders worldwide to the oil & gas, infra­structure, shipbuilding, wind power, water treatment and clean room industries. These solu­tions deliver added value through reduced installation time, maximized volume utilization, weight reductions, enhanced life-time integrity and improved safety performance. Øglænd System was formed in 1977 and is based in Kleppe, Norway.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.0/yr) # 1 - - - - - 1
  1

Most Recent M&A

Company Date Value Type
Øglænd Industrier AS - Sprinkler Business 2018-09-28 - Divestiture
Kleppe, Norway
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Distribution - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
Norway - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Energy Services and Equipment

Employees

250

Established

1977

Subsidiary of

Hilti Group

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