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

Midtnorsk Havbruk chooses concrete barge from Steinsvik

The barge is the fourth in the Steinsvik’s concrete barge series.

New technical trainee blogpost: Furnaces, pumps and robots

Adam has just finished his second trainee rotation in Kristiansand

The Norwegian network of United Nations Global Compact launched today

Lise Kingo, CEO and Executive Director of the UNGC,

DNV GL and Goldwind join forces on development of digital certification tools

MyCertificate is the first digital certification solution for wind turbines,

DNV GL leads consortium to update Carbon Trust Floating LiDAR Roadmap

DNV GL, the world’s largest resource of independent energy experts and certification body,

PRESS RELEASE: Servogear to propel Asian built windfarm vessels

The contract with Cheoy Lee Shipyards was signed in Q2 2018.

SERVICEBULLETIN: Grease filling of the propeller system

SERVICEBULLETIN 180921: Grease filling of the propeller system

FILM: The world´s first HD220 gearbox returns for an overhauling

The gearbox has been operating flawlessly for more than 20.000 hours...

Øveraasen delivers machine number 66 to New York

Totally over the last ten years,