# OSO Hotwater Group acquires OM BE Plast

OSO Hotwater Group has acquired OM BE Plast, a Norwegian plastic injection molding company. OSO Hotwater plans to invest approximately 20 million NOK in new machinery and equipment, and build a new production/storage facility of about 1,800 m², expected to be completed in spring 2024.

- Type: Acquisition
- Announced: 2023-07-04
- Where: Fredrikstad, Norway
- Value: $1.90M (20.0M NOK)
- Jobs: 10
- Status: announced
- Products: injection-molded plastic parts
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [OSO Hotwater Group](https://endata.com/companies/71222.md) (acquirer)
- [OM BE Plast](https://endata.com/companies/71223.md) (target)

## Sources

- [vvsaktuelt.no](https://vvsaktuelt.no/vil-investere-20-mill-i-maskiner-og-produksjonsutstyr/), 2023-07-04: "Vi skal også investere betydelige summer i bygningsmasse, maskiner og organisasjon for videre utvikling av selskapet i Fredrikstad."

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