IRV AS has been acquired by Sertion AB
June 2025 — Sertion AB has acquired 100% of the shares in IRV AS, strengthening its Nordic presence and expanding its portfolio with IRV’s technical expertise and established customer base.
IRV is a provider of high-quality fabrication and installation services for piping and structural components in both non-alloyed and alloyed steel, as well as aluminum. Over several decades, the company has built a strong position in the Norwegian market. Its service offerings include pipe and structural fabrication, prefabrication and installation and inspection services. IRV serves clients across a range of sectors, including oil and gas, maritime and shipbuilding, power generation, food processing and other process industries.
Sertion is a group of expert companies operating in the fields of pipework and plumbing. The group focuses on the design, installation and maintenance of water, heating and sanitation systems, as well as industrial piping and energy gas solutions. Headquartered in Örebro, Sweden, Sertion employs 600 people and has an annual turnover of approximately US$176 million (SEK 1.7 billion). By securing flow in buildings and businesses, the group contributes to improved efficiency, sustainability and quality of life. Sertion is owned by Consolid Equity, a Swedish private equity firm that consolidates small private companies across Northern Europe, with a particular focus on business services in the Nordic region.
Our role in the transaction
Oaklins’ team in Norway advised the sellers in this transaction.
Contacter l'équipe de la transaction
Transactions connexes
Sigma Group has secured a refinancing package from Arbuthnot Latham
Sigma Group has secured a refinancing package from Arbuthnot Latham to support future growth. The new committed debt facilities were structured as a combination of cash flow and asset-based lending facilities secured against receivables. This refinancing also enabled Sigma Group to optimize its capital structure.
En apprendre plusKran og Industri Service has entered Denmark through the acquisition of Hytek
Kran og Industri Service (KIS), a leading provider of crane, lifting equipment and industrial service solutions, has acquired Hytek AS, a Danish specialist in hydraulic and mechanical services.
En apprendre plusSten Jensen Gruppen has been acquired by Circura Danmark
Sten Jensen Gruppen AS, a leading provider of renovation and building services for professional customers, has joined Circura Danmark AS, part of the Circura Group and backed by Adelis Equity. The transaction is subject to customary regulatory approvals.
En apprendre plus