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  5. Marine Aluminium Acquires Uptime International AS

M&A Deal Summary

Marine Aluminium Acquires Uptime International AS

On June 30, 2015, Marine Aluminium acquired energy services and equipment company Uptime International AS

Acquisition Highlights
  • This is Marine Aluminium’s 1st transaction in the Energy Services and Equipment sector.
  • This is Marine Aluminium’s 1st transaction in Norway.

M&A Deal Summary
Date 2015-06-30
Target Uptime International AS
Sector Energy Services and Equipment
Buyer(s) Marine Aluminium
Deal Type Add-on Acquisition

Target

Uptime International AS

Ålesund, Norway
Uptime International AS develops, markets for sale and rental, and installs motion compensated equipment. It delivers motion compensated gangways for the maritime and offshore industry.

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Buyer(S) 1

Buyer

Marine Aluminium

Avaldsnes, Norway
Category Company
Founded 1953
Sector Manufacturing
Employees365
Revenue 798M NOK (2014)
DESCRIPTION

Marine Aluminium engages in design, engineering and fabrication of aluminium based access and safety solutions for the offshore and shipbuilding industry. The Company has a 60 year history with a proven track record as the most experienced manufacturer of aluminium gangways and helidecks globally. The customers are yards, oil and gas companies, vessel owners and contractors. Marine Aluminium was founded in 1953 and is based in Avaldsnes, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Norway M&A 1 of 1
Year: 2015 M&A 1 of 1
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