M&A Deal Summary

Aker Solutions Acquires Sandnessjøen Engineering AS

On February 2, 2012, Aker Solutions acquired engineering company Sandnessjøen Engineering AS

Acquisition Highlights
  • This is Aker Solutions’ 1st transaction in the Engineering sector.
  • This is Aker Solutions’ 1st transaction in Norway.

M&A Deal Summary

Date 2012-02-02
Target Sandnessjøen Engineering AS
Sector Engineering
Buyer(s) Aker Solutions
Deal Type Add-on Acquisition

Target

Sandnessjøen Engineering AS

Sandnessjøen, Norway
Sandnessjøen Engineering AS provides engineering services.

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Buyer(S) 1

Buyer

Aker Solutions

Fornebu, Norway

Category Company
Founded 1841
Sector Energy Services and Equipment
Employees12,000
Revenue 52.4B NOK (2024)
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 3 of 13
Sector: Engineering M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 13
Country: Norway M&A 1 of 6
Year: 2012 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-01 X3M International

United Arab Emirates

X3M is an international niche provider of down-hole intervention service tools and technology products. Its core products are innovative down-hole tools like plugs, packers, hangers, valves and a complete range of setting and recovery tools.

Buy $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-01 SSH Engineering AS

Stokke, Norway

SSH Engineering AS is a provider of engineering and 3D visualization services.

Buy -