Go to deals
Energy | Private Equity

Prosessventiler AS has been acquired by Jotobico Holding AS

Through a private placement of the family-owned investment company Jotobico Holding AS, Prosessventiler AS has increased its share capital. This private placement makes Jotobico Holding AS the largest shareholder in Prosessventiler, with 75% ownership of the company. All existing shareholders will continue to hold shares. Financial details of this transaction have not been disclosed.

Prosessventiler AS is a Norwegian company specializing in the supply and service of high quality valves, and is a recognized supplier of valves and associated materials to operators and package suppliers within the offshore oil and gas industries. The company also has extensive experience in valves for LNG (liquefied natural gas).

Jotobico Holding AS is owned by the Cock family. As well as having minor interests in various companies within the shipping and offshore market, Jotobico Holding wholly owns the valve and instrument supplier J.S. Cock AS, which has a history of over 110 years’ experience in the sector.

Oaklins' team in Norway was exclusively mandated to find a new strategic partner/owner for Prosessventiler AS.

Parties

Talk to the deal team

 Nikolai K. Lunde

Nikolai K. Lunde

Managing Partner
Oslo, Norway
Oaklins Norway

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy
Energy

TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy

TotalEnergies and SHV Energy have agreed to sell PitPoint.LNG, a Netherlands-based operator of state-of-the-art LNG refueling stations, to ViGo Bioenergy, a Germany-based developer and operator of refueling stations for alternative fuels. With this strategic acquisition, ViGo Bioenergy expands its international station network for alternative fuels and strengthens its European bio-LNG position.

Learn more