AxFlow Norway acquired Tromek Service AS, a provider of installation, maintenance and repair services for water and wastewater infrastructure in the Trondheim region.

Redox, a supplier of oxygen and water treatment systems for aquaculture, has agreed to buy compressor and compressed-air equipment firm Trykkluftservice in Møre og Romsdal, Norway. The seller's eight employees transfer with the business; financial terms were not disclosed.

Delta-p, Pumpe og Kompressor Systemer AS is set to merge with Haakon Larsen AS to form Shift Energy Holding AS, an industrial platform with pro-forma 2024 turnover of NOK 500 million. Delta-p shareholders will hold a 50% stake in the new group.

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.

Hawk Infinity AS acquired 100% of the shares in Nordic Flow AS, a Norwegian turnkey pump systems specialist serving offshore and high-end industries. Nordic Flow founders sold the company, and EY advised on the sale.

BST Group has acquired Ramco Pumpesystemer, an Oslo-based Norwegian provider of premium sprinkler and fire pump systems, as part of its Nordic expansion. No financial terms were disclosed.

Danish packaging group Dansk Træemballage (DTE) has completed the purchase of Glomma Pall AS, a Norwegian pallet manufacturer based in Frederikstad with about 30 employees and annual revenue just under NOK 100 million.

Worthington Enterprises signed an agreement to acquire 100 percent of Hexagon Ragasco, a maker of composite LPG cylinders in Raufoss, Norway, for approximately $98 million, with closing expected around June 3, 2024.

Triton portfolio company Techouse Group AS has signed an agreement to acquire Eureka Group AS, an Oslo-based maker of water pumps and gensets for offshore installations. The Eureka brand will remain as a separate subsidiary.

BAKO AS, part of Orkla Food Ingredients, signed and completed the purchase of 70% of Kartonage AS, a family-run cardboard packaging and serving solutions maker in Heimdal, Trondheim; the price was not disclosed.

Triton portfolio company Techouse Group signed an agreement to acquire pump and genset supplier Eureka Group from Remold Invest and Aker Capital in Q2 2024.

Swedish intralogistics group MotionTech announced the acquisition of ITO Pallpack, a Norwegian company focused on end-of-line and complete automation systems, on 15 December 2023.

IKM Gruppen signed an agreement to buy 100% of the shares of Flux Holding AS, a Norwegian supplier of umbilicals, valves, hoses and couplings for the energy sector. Flux has about 61 employees and sites in Stavanger, Bergen and Porsgrunn. The price was not disclosed.

AxFlow Norway Group acquired VA-Prosjekt Midt-Norge AS, a Trondheim supplier of pump stations and elevated reservoirs with 2021 revenue of NOK 77 million. The company continues as a separate subsidiary in the same premises.

AxFlow Norway, part of Axel Johnson International, acquired VA-Prosjekt Midt-Norge, a turnkey provider of water and wastewater infrastructure solutions to municipalities in Norway. The deal was announced on 1 June 2023.

Johnson Controls announced on January 13, 2023 its acquisition of Hybrid Energy AS, a Lysaker, Norway maker of high-temperature industrial heat pumps. Financial terms were not disclosed.

Bewi's acquisition of Jackon Holding AS, a Norwegian insulation and packaging group with about 935 employees and 20 facilities across the Nordics, Germany and Belgium, has been approved by all competition authorities. The deal value is not stated.

Swedish distributor Ahlsell AB signed an agreement to acquire Norway's Intec Pumper AS, which has annual sales of NOK200 million and offers pumping solutions for water and wastewater. The deal is subject to approval by the Norwegian Competition Authority.

OptiGroup, a FSN Capital portfolio company, agreed to acquire 100% of MaskeGruppen AS from Maske Holding AS, a Norwegian distributor of facility supplies, healthcare products and industrial packaging. The deal is subject to Norwegian Competition Authority approval.

Norwegian insulation and packaging group Bewi agreed to buy all shares of Trondhjems Eskefabrikk, a Trondheim maker of cardboard boxes for the food industry. The deal is subject to competition authority approval and the price was not disclosed.

Listed Norwegian company Bewi agreed to buy packaging manufacturer Jackon, with the last owning family accepting cash of NOK 1.55 billion and the other family receiving shares worth about NOK 780 million more.

Framo, part of Alfa Laval, has acquired LiftUP, a Norwegian maker of pumps and cleaning equipment for removing dead fish and sludge from open cages. The deal strengthens Framo's sustainable aquaculture focus.

HAAS AS, owned by the Akselsen family and holding 50 per cent of Jackon, accepted BEWI's offer to acquire all Jackon shares, taking consideration in new BEWI shares. The minimum acceptance condition has been met.

Lakers Group signed a share purchase agreement to acquire Norsk Pumpeservice AS, a Norwegian aftermarket service and pump provider based in Fetsund near Oslo. The deal is expected to close in August 2021; the price was not disclosed.

Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.

Norsk Hydro and Lyse plan to merge part of their hydropower production in south-west Norway into a new company, Lyse Kraft DA, with normal annual production of 9.5 TWh. Hydro will own 25.6% and Lyse 74.4%.

BEWiSynbra Group AB acquired BEWi Drift Holding AS for NOK 400 million, paid NOK 100 million in shares and NOK 300 million in cash. The deal was announced on August 17, 2020.

OEM International signed an agreement to acquire the pump division of Finisterra AS in Norway, which sells Hermetic, Flux and Almatec pumps for chemical and industrial use. The division will be integrated into OEM Automatic AS.

AxFlow AS has acquired all shares in Innva AS, a valve supplier based in Skui, Bærum, Norway, effective 29 April 2019. Innva will continue as an independent company with its own logo. The purchase price was not disclosed.

Summa Equity has signed an agreement to acquire Lakers Holding AB, a Nordic group servicing pumps, pumping stations and electrical motors across Norway, Sweden and Denmark. Completion is subject to regulatory approval and expected in October 2018.

National Container Group, the reconditioning division of Mauser, acquired a 51% stake in Noreko AS effective February 1, 2018, forming a joint venture that extends its reconditioning business into Scandinavia.

Norway's Bewi has acquired Trondheim-based packaging supplier Tommen Gram Holding, which has about 60 employees and roughly NOK 320 million in annual revenue; the price was not disclosed.

Per Aarsleff Holding agreed to acquire 51% of Olimb Group's trenchless pipe renewal activities in Norway, with a fixed price of DKK 103 million for 100% and an option on the remaining shares by 2022.

Yokogawa Electric has acquired TechInvent2 AS, a Norwegian firm holding rights to FluidCom, a chemical injection metering valve for oil wells and pipelines. Yokogawa will target upstream and midstream oil and gas customers with it.

Maritime Protection AS, a subsidiary of Wilhelmsen Maritime Services, was merged into Survitec Group, which will hold a 20% stake in the combined business. The deal was announced on 3 January 2017.

AxFlow AS, a Norwegian pump and instrumentation supplier, has bought Process Partner AS, a six-employee process instrumentation firm in Larvik, which will operate as part of the AxFlow Norway Group.

AxFlow AS bought Process Partner AS, a six-employee process instrumentation firm in Larvik, Norway, and its founders will stay on as part of AxFlow Norway Group.

Norwegian thruster maker Brunvoll signed an agreement to acquire all shares of Scana Propulsion, including Norwegian and sales subsidiaries, from Incus Investor ASA, subject to competition authority approval.

Axel Johnson International, through its AxFlow business group, acquired Process Partner AS, a Larvik-based Norwegian distributor of process instruments and positive displacement pumps. The deal strengthens AxFlow's fluid handling business in the Nordics.

Ham-Let (Israel-Canada) Ltd., a maker of instrumentation valves and fittings, is buying Norwegian company Norvalve. The deal was reported on 2016-10-20.