Go to deals
Business Support Services | Construction & Engineering Services | Energy | Other Industries

Kjeller Vindteknikk AS has been acquired by Norconsult AS

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.

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

Dan Petterøe

Partner
Oslo, Norway
Oaklins Norway
 Erik  Faureng

Erik Faureng

Partner
Oslo, Norway
Oaklins Norway

Related deals

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
White Lab has acquired Testing
Private Equity | Business Support Services

White Lab has acquired Testing

White Lab Srl. has acquired Testing Srl.

Learn more
Sibelco has received strategic advisory related to the exit of a minority shareholder
Construction & Engineering Services | Other Industries

Sibelco has received strategic advisory related to the exit of a minority shareholder

SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.

Learn more