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  5. Flux Group Acquires Norwegian Piping AS

M&A Deal Summary

Flux Group Acquires Norwegian Piping AS

On November 23, 2014, Flux Group acquired distribution company Norwegian Piping AS

Acquisition Highlights
  • This is Flux Group’s 1st transaction in the Distribution sector.
  • This is Flux Group’s 1st transaction in Norway.

M&A Deal Summary
Date 2014-11-23
Target Norwegian Piping AS
Sector Distribution
Buyer(s) Flux Group
Deal Type Add-on Acquisition

Target

Norwegian Piping AS

Straume, Norway
Norwegian Piping AS is a supplies pipes, fittings, flanges, special items and other pipe related products from European manufacturers or from stock, to customers in Norway and South East Asia.

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Buyer(S) 1

Buyer

Flux Group

Stavanger, Norway
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Flux Group is an international company providing a broad range of oilfield equipment, and related value adding services, to customers within the oil and gas sphere. Flux Group is based in Stavanger, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2014 M&A 1 of 1
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