Norwegian-based fire and safety contractor Inmaco AS has been sold to Semco Maritime A/S, a project engineering company dedicated to providing the global energy sector with projects, solutions and manpower. Financial details of this transaction have not been disclosed.
Established in 2002, Inmaco operates three main business areas within active fire fighting systems, nitrogen generation systems and technical safety services. The company targets the marked for offshore and petrochemical installations and specializes in services for drilling rigs, wellhead platforms, fixed production platforms, floating production units and petrochemical plants. “We have built a strong business over the years and look forward to integrating Inmaco with a true market leader such as Semco Maritime to obtain a significant double-digit market share globally, gain access to a broader range of clients and exploit synergies,” says Morten Benjaminsen, founder and CEO of Inmaco.
This acquisition strengthens Semco Maritime’s existing competencies and product offering within firefighting and contributes to our vision of becoming the energy sector’s first choice for safe solutions that consistently exceed expectations. “Inmaco is a professional and well-run business with a strong market position, unique competencies and a geographical footprint that complement our existing activities and form a perfect strategic fit for Semco Maritime. We look forward to building a stronger business and realizing our strategic ambition of becoming a high-end supplier within fire protection as well as fluid and nitrogen systems in the North Sea and Asia Pacific. With Inmaco onboard, we will offer existing and future clients an extended and complete range of products and services and continue on our strategic growth path,” says Steen Brødbæk, CEO of Semco Maritime.
Oaklins' team in Norway acted as advisor to the seller in this transaction.
Nikolai K. Lunde
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