M&A Deal Summary

Lakers Group Acquires Norsk Pumpeservice

On June 30, 2021, Lakers Group acquired distribution company Norsk Pumpeservice

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

M&A Deal Summary

Date 2021-06-30
Target Norsk Pumpeservice
Sector Distribution
Buyer(s) Lakers Group
Deal Type Add-on Acquisition

Target

Norsk Pumpeservice

Fetsund, Norway
Norsk Pumpeservice is a distributor of water supply pumps and well drilling equipment. Norsk Pumpeservice sells submersible pumps under the brand name Albatros. Norsk Pumpeservice was founded in 1983 and is based in Fetsund, Norway.

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Buyer(S) 1

Buyer

Lakers Group

Oslo, Norway

Category Company
Founded 2016
Sector Business Services
Employees55
Revenue 299M SEK (2018)
DESCRIPTION

Lakers Group is an independent water pump service company in the Nordic region. Providing maintenance, service, development, and technical consulting of pumps, pumping stations, electrical motors, and related components. Lakers Group was founded in 2016 and is headquartered in Oslo, Norway.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Norway M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-01 Pump Supplies

Wales, United Kingdom

Pump Supplies is a pump rental company supplier of electric submersible pumps into the UK and Irish market. Operating out of 5 strategically located depots our business specializes in all aspects of submersible pumps, from hire & service to sales and pump station installation. Pump Supplies as the UK’s distributor of Flygt pumps, we hold unrivaled stock levels of new pumps, spare parts, and accessories; all tailored towards offering a complete solution to customers. Pump Supplies was founded in 1982 and is based in Wales, United Kingdom.

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