Hitec A.S. - Ownership and Business Overview

Energy Services And EquipmentCompany

Hitec A.S. Ownership

Who owns Hitec A.S.?

Hitec A.S. is owned by NOV. It was acquired on February 21, 2000.

Was Hitec A.S. formerly PE-backed?

Yes. Hitec A.S. was formerly owned by 1 private investor.

Hitec A.S. Business Overview

Where is Hitec A.S. headquartered?

Hitec A.S. is headquartered in Stavanger, Norway.

What sector is Hitec A.S. in?

Hitec A.S. is an energy services and equipment company.

When was Hitec A.S. founded?

Hitec A.S. was founded in 1985.

Energy Services And Equipment M&A Summary in 2000

Out of 60 sectors in the Mergr database, energy services and equipment ranked 21 in number of deals in 2000. The largest energy services and equipment acquisition in 2000 was Lucent Technologies Power Systems - which was acquired by Tyco International for $2.5B.

Join Mergr to view all 26 acquisitions of energy services and equipment companies in 2000, including 14 acquisitions by private equity firms, and 12 by strategics.

Hitec A.S.

Lagerveien 8,
Stavanger, 4033
Norway,
47 51 81 81 81

Hitec A.S. is an international supplier of advanced technology to the oil and gas industry.


Company Summary

SECTOR

Energy Services and Equipment

Established

1985

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