Advantec AS - Ownership and Business Overview

Energy Services And EquipmentCompany

Advantec AS Ownership

Who owns Advantec AS?

Advantec AS is owned by GE Oil & Gas. It was acquired on October 30, 2015.

Was Advantec AS formerly PE-backed?

Yes. Advantec AS was formerly owned by 1 private investor.

Advantec AS Business Overview

Where is Advantec AS headquartered?

Advantec AS is headquartered in Stord, Norway.

What sector is Advantec AS in?

Advantec AS is an energy services and equipment company.

When was Advantec AS founded?

Advantec AS was founded in 2004.

Energy Services And Equipment M&A Summary in 2015

Out of 60 sectors in the Mergr database, energy services and equipment ranked 23 in number of deals in 2015. The largest energy services and equipment acquisition in 2015 was MarkWest Energy Partners - which was acquired by Marathon Petroleum for $20.0B.

Join Mergr to view all 117 acquisitions of energy services and equipment companies in 2015, including 31 acquisitions by private equity firms, and 86 by strategics.

Advantec AS

Eldøyane 175,
Stord, 5411
Norway,
47 40 00 58 00
www.advantec.no

Advantec is a supplier of electro-hydraulic Installation & Workover Control Systems (IWOCS) and associated life-of-field service for the global subsea industry, and offers a solution to an industry which seeks smarter methods to reduce the cost of subsea field development.


Company Summary

SECTOR

Energy Services and Equipment

Revenue

249   2024
(millions of NOK)

Established

2004

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Energy Services and Equipment Companies , Norway Companies

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