# Delta-p merges with Haakon Larsen and Greenerway to form Shift Energy Holding

Norwegian turnkey rotating equipment specialist Delta-p merged with Haakon Larsen and Greenerway to form Shift Energy Holding, with Delta-p shareholders taking a 50% stake; EY advised.

- Type: Acquisition
- Announced: 2024-12-23
- Where: Norway
- Status: announced
- Products: rotating equipment system packages, auto sampling systems, centrifuges, battery system installations
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Delta-p](https://endata.com/companies/12667.md)
- [Shift Energy Holding](https://endata.com/companies/12669.md)
- [Delta-p, Pumpe og Kompressor Systemer](https://endata.com/companies/12655.md) (target)
- [Haakon Larsen](https://endata.com/companies/12656.md) (partner)
- [Haakon Larsen](https://endata.com/companies/12656.md) (target)
- [Greenerway](https://endata.com/companies/12668.md) (partner)
- [Shift Energy Holding](https://endata.com/companies/12669.md) (acquirer)
- [EY](https://endata.com/companies/12670.md) (partner)
- [Shift](https://endata.com/companies/12764.md) (investor)

## Sources

- [ey.com](https://www.ey.com/en_no/insights/strategy-transactions/deals/ey-advises-delta-p-in-the-merger-with-haakon-larsen-and-greenerway), 2025-01-15: "The shareholders of Delta-p will reinvest in the Group to gain a 50 % stake."
- [haakonlarsen.com](https://haakonlarsen.com/partnership-to-form-industrial-group/), 2025-02-12: "Haakon Larsen AS and Delta-p Pumpe- og Kompressor Systemer AS concluded a partnership and became part of Shift Energy Holding AS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.