Looking for a specific product?

Make a search for products & suppliers, articles & news.

Brunvoll acquires Scana Propulsion

Brunvoll AS has signed an agreement with Incus Investor ASA to acquire all the shares in Scana Propulsion AS, including subsidiaries Scana Volda AS and Scana Mar-El AS in Norway and three sales companies located in the United States, Singapore and China. Meanwhile Brunvoll Holding AS signed an option agreement for the acquisition of Scana Volda AS Real Estate, which owns manufacturing and office facilities of Scana Volda AS.

Brunvoll supplies thruster units to the global market and is a family owned company with head office and production facility in Molde. Chairman Arthur Brunvoll states that the owners with this shows that they are thinking long term and would like to participate in developing Brunvoll to meet the market with a broader product portfolio.

 

KEY WORD: QUALITY

Brunvoll has a stated strategy where a central point is quality in all aspects of development and production with a high degree of automation. 

'Brunvoll and Volda - as the company was previously called - is about the same age and have the same background in the development and production of semi-diesel engines in early 1900 - century', says Arthur Brunvoll.

Scana Propulsion AS is a reputable supplier of gear and propeller systems with associated control systems for the propulsion of ships and thus have a complementary product range to Brunvoll.

 

STRATEGIC MOVE

CEO Odd Tore Finnøy in Brunvoll AS emphasizes that this acquisition is a strategic move from Brunvoll's side, where the aim is to create a win - win situation for both companies.The aim is to together offer customers even better and comprehensive solutions for both propulsion and operation of advanced vessels.

'Customers demand complete and comprehensive solutions, with low life cycle costs and energy efficiency. We are strengthening our position in the market with this acquisition', says Finnøy.

The transaction is subject to approval from the Competition Authority.

Associated companies:


Related news

Latest news

DNV GL develops offshore safety guidance for Greek Regulator

The offshore major hazards guidance was presented..

Visit at Fiskaa from the Chinese ambassador to Norway

The Ambassador of the People’s Republic of China,

New emission rules 2020 - the reliable way to prove compliance

Reducing ship emissions is a top priority for IMO

United Technologies Opens State-of-the-Art Innovation Center, Announces Plan to Create 100 Additional Jobs

Employees working in the building today-

US Army Corps’ first F-10000 Davit

With space onboard Yaquina for davit operations limited, 

Chairman of IACS pinpoints three key themes of the Association’s strategy for the future

Commenting on the publication of the 2017 Annual Review, 

DNV GL launches alternative fuels white paper

For newbuilding vessels,

MINSHIP Shipmanagement boosts digitalization with DNV GL

MINSHIP is optimizing processes as they are managing a growing fleet. 

The fully electric Future of The Fjords has been launched

The new build is 42m long,