Looking for a specific product?

Make a search for products & suppliers, articles & news.

Brunvoll acquires Scana Propulsion

Brunvoll AS has signed an agreement with Incus Investor ASA to acquire all the shares in Scana Propulsion AS, including subsidiaries Scana Volda AS and Scana Mar-El AS in Norway and three sales companies located in the United States, Singapore and China. Meanwhile Brunvoll Holding AS signed an option agreement for the acquisition of Scana Volda AS Real Estate, which owns manufacturing and office facilities of Scana Volda AS.

Brunvoll supplies thruster units to the global market and is a family owned company with head office and production facility in Molde. Chairman Arthur Brunvoll states that the owners with this shows that they are thinking long term and would like to participate in developing Brunvoll to meet the market with a broader product portfolio.

 

KEY WORD: QUALITY

Brunvoll has a stated strategy where a central point is quality in all aspects of development and production with a high degree of automation. 

'Brunvoll and Volda - as the company was previously called - is about the same age and have the same background in the development and production of semi-diesel engines in early 1900 - century', says Arthur Brunvoll.

Scana Propulsion AS is a reputable supplier of gear and propeller systems with associated control systems for the propulsion of ships and thus have a complementary product range to Brunvoll.

 

STRATEGIC MOVE

CEO Odd Tore Finnøy in Brunvoll AS emphasizes that this acquisition is a strategic move from Brunvoll's side, where the aim is to create a win - win situation for both companies.The aim is to together offer customers even better and comprehensive solutions for both propulsion and operation of advanced vessels.

'Customers demand complete and comprehensive solutions, with low life cycle costs and energy efficiency. We are strengthening our position in the market with this acquisition', says Finnøy.

The transaction is subject to approval from the Competition Authority.

Associated companies:


Related news

Latest news

BP Awards Schlumberger Contract for Mad Dog 2 Project

Export Conference 2017: A changing world

Register for this year’s most important conference for Norwegian exporters. We can promise you an interesting and inspirational day!

Meet Elkem Silicon Materials at the Ceramics Expo 2017

Elkem Silicon Metrials invites to meet their team at the Ceramics Expo 2017. This is North America’s largest, free-to-attend exhibition for Ceramic manufacturing and applications.

Event - TechnipFMC at Gastech April 4

Most ship owners are now looking very closely at the benefits that digitalization can bring in operational gains.

Deepocean Awarded Surf Contract from BP for the Foinaven Field

DeepOcean today announced that it had received a call-off under its new Master Service Agreement (MSA) with BP Exploration Operating Company Ltd.

Parquet Floor - a Furniture in itself

Read how a Nordic style, maintenance free new floor is a furniture all in itself. 

Haavik in as Sales Director

Tor Henrik Haavik enters the role as Sales Director in Steinsvik AS. Haavik has an engineering education from Høgskolen i Haugesund and has been employed in Steinsvik since 2002. Haavik comes from the position of Sales Man...

Powder Characterization Experts Offer Solutions to Optimize Process Performance

Freeman Technology, the powder characterization specialists, will be exhibiting at the Ceramics Expo for the first time (25 – 27 April, Cleveland, OH, USA). The company offers material characterization solutions aimed at o...