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Kjeller Vindteknikk AS has been acquired by Norconsult AS

January 2019 — The private shareholders of Kjeller Vindteknikk AS (KVT) have sold the company to Norconsult AS.

KVT is a leading Nordic advisory and technical services specialist in measuring and analyzing wind and other climate effects such as precipitation and icing. With its 30 employees, KVT provides services related to wind power developments, airports, bridges, power lines and urban planning, and has highly trained specialists in engineering, meteorology, physics, electrical and technical work in the field. The company was established in 1998 and is headquartered in Norway, with subsidiaries in Sweden and Finland, and has 20 years’ experience and a solid reputation serving clients within wind power project development and operation, and infrastructure engineering projects in the Nordics and internationally.

Norconsult is Norway’s largest and one of the Nordic region’s leading multidisciplinary consultancy firms, with activities spanning several continents. The company’s services are geared towards community planning and design and it has become a leading player both nationally and internationally. Norconsult is involved in more than 20,000 projects each year in areas such as building, transport, energy, industry, water, oil and gas, environment, planning, architecture, risk management and IT. The company has worked on international projects in more than 150 countries over the past 50 years and focuses especially on selected markets in South America, southern Africa and South-East Asia, where the firm has established local offices. Norconsult has 93 offices in Norway and abroad. Around 2,600 of the company’s 3,600 employees work in Norway. The group’s headquarters are located in Sandvika, close to Oslo, and the company is owned by its employees.

Our role in the transaction

Oaklins’ team in Norway acted as lead advisor to the seller and the management of Kjeller Vindteknikk in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing. The approach of potential buyers around the globe was supported by local Oaklins teams.

Parties

Talk to the deal team

Dan Petterøe

Partner
Oslo, Norway
Oaklins Norway

Erik Faureng

Associate Partner
Oslo, Norway
Oaklins Norway

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