Bergen Group merges with Endúr Fabricom

Bergen Group merges with Endúr Fabricom

Bergen Group is merging with oil service company Endúr Fabricom.

The merged company will constitute a “strong industrial group based in western Norway”, the pair said in a release today. Combined the new entity will have close to 400 employees and an orderbook exceeding NOK1bn ($120m).

Bergen’s chairman Hans Petter Eikeland will chair the new company.

“Both Bergen Group and Endúr Fabricom have been through extensive restructuring processes to adapt to a changing market. Now we have two companies eager to grow and with a proven record carrying out demanding restructuring in parallel with strengthening of the companies’ core competencies. The merger between these two companies will be a catalyst both for the speed and profitability of a further growth process”, Eikeland said.

In February this year, Handeland Industrier and Artemes Group acquired Endúr Fabricom and set about beefing up the company’s orderbook.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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