TTS Group ASA - M&A Summary, Ownership, and Business Overview

MachineryCompany

TTS Group ASA M&A Summary

TTS Group ASA has acquired 1 company of its own. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

It’s largest disclosed sale occurred in 2012, when it sold TTS Energy Division to Cameron International for $270M. The Company’s most targeted sectors include energy services and equipment (100%).

TTS Group ASA Ownership

Who owns TTS Group ASA?

TTS Group ASA is owned by Palfinger AG. It was acquired on June 19, 2016.

TTS Group ASA Business Overview

Where is TTS Group ASA headquartered?

TTS Group ASA is headquartered in Bergen, Norway.

What is TTS Group ASA’s revenue?

TTS Group ASA disclosed revenue of 2,454M NOK for 2014 and 2,693M NOK for 2013.

How many employees does TTS Group ASA have?

TTS Group ASA has 1,053 employees.

What sector is TTS Group ASA in?

TTS Group ASA is a machinery company.

When was TTS Group ASA founded?

TTS Group ASA was founded in 1966.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

TTS Group ASA

Folke Bernadottes vei 38 PO Box 3577 Fyllingsdalen,
Bergen, 5845
Norway,
+47 55 94 74 00
www.ttsgroup.com

TTS Group ASA, designs, develops and supplies equipment solutions and services for the marine and offshore industries. TTS offers solutions that increase profitability and competitiveness by improving productivity, quality and system capacities.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.0/yr) # 1 - - - - - 1
vol $270M $270M
  2

Most Recent M&A

Company Date Value Type
TTS Energy Division 2012-06-06 270M USD Divestiture
, Norway
Sense EDM AS 2007-04-30 - Add-on Acquisition
Kristiansand, Norway
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 1 (100%) - - -
Machinery - - 1 (100%) 270M (100%)
Total 1 - 1 $270M

By Geo

State/Country Buy Value Sell Value
Norway 1 - 1 270M
Total 1 - 1 $270M

Deal Values

sell # Total
$100M to $1B 1 $270M
TOTAL $270M
Largest TTS Energy Division
$270M (2012-06-06)

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)
Divested to
Strategic(s)
100%
1 (100%)

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Related Lists for TTS Group ASA

Machinery Companies , Norway Companies