PartnerPlast has taken over the ownership of MudMat®, a protection mat used specifically for subsea operations, developed by Installit. The MudMat® will be manufactured by
Molstad Modell & Form, which is a subsidiary of PartnerPlast. The MudMat® forms part of a product range covering protection equipment made from polyurethane (PU) and is suited for use during subsea and offshore operations. The acquisition also includes PipeMat, another product in the protection mat series.
«PartnerPlast and Installit have previously entered into a Cooperation Agreement with regards to the product development, and the fact that PartnerPlast now takes over the ownership of MudMat®is a result of the good cooperation we have had in the past» says Ivar-Andreas Monefeldt, General Manager of Installit. «PartnerPlast has a renowned sales organization and the potential of delivering MudMat®to a wider market, also outside the Oil & Gas Industry, is considered high. Our objective is to focus on further development of sought after products and our close cooperation with PartnerPlast will continue to prove just as important in the future.«
The product fits our strategy well in our aim to further develop protection equipment in PU for our current, and potential, customers” says Tore Lien, Sales Manager for PartnerPlast PU-division. “We aim to become a leading supplier of protection equipment for cables, risers and other structures offshore. We consider MudMat®to be a valued addition to our current range of products.»
Sales contact at PartnerPlast:
Cell: +47 950 24 425
– Koblingen mellom lang erfaring fra røffe havområder og maritim elektronikk gjør denne satsingen veldig spennende, sier daglig leder Tom Samuelsen (t.v.) og salgsansvarlig Ola Stavran i PartnerPlast AS. Foto: PartnerPlast
– Vi har tiår med erfaring fra noen av verdens røffeste havområder. Vi forankrer store konstruksjoner til havs og leverer bøyer og oppdrift til havbruk og offshoreindustri verden over. Dette har vi nå løftet opp til en egenutviklet, komplett serie med bøyer, utstyr og maritim elektronikk for havbruksnæringen.
Det er ikke bare tyngde i produkt og innovasjon, men også i historien og tradisjonene hos daglig leder Tom Samuelsen og teamet hans ved PartnerPlast AS. Åndalsnes-bedriften fyller 25 neste år, men er samtidig en del av et lokalt plastindustrimiljø som hadde sin første spede begynnelse for 70 år siden. Det var helt andre produkter i oppstarten, men de siste tiårene har blikket vært rettet mot havbruksnæring og offshoreindustri.
PartnerPlasts erfaring innen oppdrift, forankring og bøyer har blitt smeltet sammen med utvikling og produksjon av moderne, maritim elektronikk.
Resultatet er en komplett produktserie med fortøyningsbøyer og tilleggsutstyr for havbruksnæringen, og i tråd med maritim tradisjon har produktet også fått sitt eget døpenavn: Activa.
– Både produkt, produksjon, teknologi og kompetanse er i stor grad overførbare mellom offshoreindustri og havbruksnæring. PartnerPlast har bygd seg opp til å bli en global leverandør av produkter til disse næringene, forteller Tom Samuelsen.
– Nå satser vi enda kraftigere på havbruk, og vi skal samarbeide tett med utstyrsleverandørene til havbruksnæringen i videreutviklingen av produktene våre, ikke minst innen maritim elektronikk som er spesialtilpasset havbruksanlegg og røffe forhold, sier Samuelsen.
Activa er en komplett serie av bøyer, lys, elektronikk og varsling for oppdrettsanlegg.
– PartnerPlast har i lang tid satset mye på egenutvikling og produksjon av maritim elektronikk, og i dette inngår blant annet egne markeringslys som er spesielt tilpasset og godkjent for havbruksnæringen, sier salgsleder Ola Stavran i PartnerPlast.
– Utviklingen kan tyde på at framtidas oppdrettsanlegg vil bli enda større og plassert enda lengre ut fra kysten, kanskje helt til havs. Dette er noe som styrker våre muligheter, med den kompetansen vi sitter på og de produktene vi har utviklet, sier Ola Stavran.
Daglig leder Tom Samuelsen
The grips is equipped with hinges for easy and fast instalment and removal while giving the cable the best protection against over bend. Typical use is attachment points for flotation, inner lead ins spreader ropes, gun umbilical’s as attachment to diverters or lead ins. To achieve good friction and compression aver the cable, steel bands is used.
The Slider is designed to slide down a lead in for attachment to flexi float system, lead in flotation or other temporarily installed equipment while protecting the lead in from over bend.
The PP UW 120 is a generator made for continuous power generation in underwater installations. The generator is using the most modern permanent magnet technology providing a durable power source for your underwater applications. To avoid corrosion problems, the body of the generator is completely encapsulated by Polyurethane. Metallic parts, as propeller-shaft and mounting sleeves, are made of Duplex steel. These generators will be compatible with previous generators delivered by PartnerPlast due to the same installation points and physical dimensions. The electrical interface is two phase AC voltages suitable for both 12 and 24V systems.
Åndalsnes / Moelv 30.06.2015
PartnerPlast AS from Aandalsnes, a supplier of advanced equipment to the international seismic and offshore industry,
acquires the model and mold workshop Molstad Modell & Form AS located in Moelv, Norway.
Molstad Modell & Form (Molstad) has through many years been a supplier to PartnerPlast, and has over time specialized in delivering projects and molds to produce products in polyurethane.
─ The acquisition of Molstad is a central next step in our growth strategy. We strengthen our in-house competence on modelling and molds, and get an organization that can handle production of products in polyurethane which PartnerPlast shall take a strong position on going forward, says CEO Tom Samuelsen in PartnerPlast.
PartnerPlast launched new polyurethane products to the seismic industry during the EAGE fair earlier this year. Molstad has been a significant contributor to this development. In addition to being a leading player within the core area, Molstad has also developed a solid position among the industry in Oppland and Hedmark.
─ PartnerPlast wants to continue developing the strong organization and competence that is already in place at Molstad. We do this through establishing a production line that can produce products in polyurethane in the Molstad facilities. We also want, through Molstad, to work closer with the industry in Hedmark and Oppland, says Tom Samuelsen.
Molstad will stay as a separate entity and localized in Moelv where further expansion and growth will be the focus. The acquisition will not affect the current customers of Molstad Modell & Form. The current CEO of Molstad, Tor Henning Molstad, will stay in the role going forward.
─ We know PartnerPlast well through many years of cooperation and has a strong belief that they will be a good owner of Molstad. This will strengthen the company and by that, the conditions to supply even better products and services to current and new customers. I look very much forward to lead the company going forward, says CEO and founder of Molstad Modell & Form AS Tor Henning Molstad.
Molstad Modell & Form AS had revenues of 11 MNOK in 2014 and has 9 employees. The company was founded in 2002 and is localized in Moelv.
PartnerPlast AS is localized in Aandalsnes and has 44 employees. Total revenues in 2014 was 140 MNOK. The company is leading within design, construction and rotational moulded polymers and is a important supplier of offshore, seismic and industry products.
PartnerPlast AS is owned by Investinor, Salvesen & Thams Invest AS, Norsk Mineral and Oskar Invest AS.
CEO PartnerPlast Tom Samuelsen, +47 901 40 845
CEO Molstad Modell & Form Tor Henning Molstad, +47 917 02 576
PartnerPlast AS from Åndalsnes, a supplier of advanced equipment to the international seismic and offshore industry, acquires the consultancy firm Exploration Support Services Inc. (ESS) based in Houston.
─ ESS is a company we have followed for some time and we consider it an exciting growth platform for PartnerPlast, says CEO Tom Samuelsen in PartnerPlast.
ESS provides consultancy services and rental equipment to companies in the marine exploration industry. The company is based in Houston, Texas with its services being offered to customers worldwide.
─ PartnerPlast has a clear ambition to further develop ESS within the core areas of business today, but also use the geographical location as a sales office for the products PartnerPlast offers to the seismic and offshore industry, says Tom Samuelsen.
─ I have known PartnerPlast for many years and strongly believe that with PartnerPlast as an owner, ESS can further develop and grow its services as well as further establish PartnerPlast in North and South America, tells former owner and CEO of ESS from new year Knut Fostad.
Key facts about the companies:
Exploration Support Services had revenues of approximately 8 million NOK in 2013, and has several experienced resources connected to the company. ESS is based in Houston, Texas and was established in 2008.
PartnerPlast AS is localised in Aandalsnes and has 34 employees. Total revenues in 2013 was 114 MNOK. The company is leading within design, construction and rotational moulded polymer and is a very important supplier of offshore, seismic and industry products.
PartnerPlast AS was acquired by Investinor, Salvesen & Thams, Norsk Mineral and Oskar Invest earlier this year: http://partnerplast.no/News/investering-i-partnerplast-as.html
Aandalsnes / Houston 06.10.2014
PartnerPlast AS from Aandalsnes, a supplier of advanced equipment to the international seismic and offshore industry, acquire the electronic and technology company Powex AS in Molde.
PartnerPlast already controlled 40% of the shares in Powex and has now increased the ownership to 100%.
─ Powex is an important part of the growth strategy for PartnerPlast and the acquisition of Powex will strengthen the development capacity of both companies, says PartnerPlast CEO Tom Samuelsen.
Powex has been and is an important partner for PartnerPlat in the development of seismic, offshore and industry products offered by PartnerPlast.
Powex also has developed own products that PartnerPlast will contribute to develop further and take to market.
The acquisition will not have any impact on Powex’s deliveries and development services to other customers currently not part of PartnerPlast’s customer portfolio.
─ PartnerPlast has a clear strategy to further develop the strong culture and competence in Powex. The company will stay in Molde and shall continue its growth and expansion, says Tom Samuelsen.
– We are very familiar with PartnerPlast through many years of cooperation and have a strong belief that getting PartnerPlast as an owner of Powex is the right thing going forward, says Powex CEO Magne Farstad.
Facts about the two companies:
CEO PartnerPlast Tom Samuelsen, tlf. 901 40 845
CEO Powex Magne Farstad, tlf. 959 99 760
Aandalsnes / Molde 19.09.2019
Investinor AS (49%), Salvesen & Thams AS (25%), Norsk Mineral AS (19%) and Oskar Invest AS (7%) have jointly established PartnerPlast Holding AS, which in turn has acquired a 100% stake in PartnerPlast AS. The investment has been made in order to help finance the company’s further growth.
PartnerPlast AS is located in Åndalsnes. The company supplies advanced equipment to the international seismic industry. PartnerPlast is market leader in the design, construction and rotation-casting of plastic, and an important manufacturer and supplier of offshore and seismic equipment and other industrial products. The company posted sales of NOK 115 million in 2013, and employs 35 staff.
"The company’s strategy focusing on seismics, offshore and industry will remain unchanged," explains newly elected Chairman Bjørn M. Wiggen. "The owners have identified promising development opportunities in a number of areas, and by injecting new equity and expertise wish to help to realise the company’s ambitions."
"Investinor has been eyeing up PartnerPlast for some time now, which it regards as a strong company with the potential to generate significant further growth, both organically and through acquisitions. Investinor wishes to help ensure that PartnerPlast’s growth strategy succeeds,” comments CEO, Geir Ove Kjesbu.
PartnerPlast was previously owned by Norsk Mineral AS and Oskar Invest AS.
"We have helped to develop PartnerPlast into a leading player within its market segment," explained Norsk Mineral AS CEO Kyrre Olaf Johansen. "We are delighted to have a new shareholder on board who can help propel the company to the next level."
PartnerPlast CEO Tom Samuelsen is looking forward to working with the new owners: "In Norsk Mineral and Oskar Invest, we have already had strong and pro-active owners, and we are delighted to be able to attract professional investors like Investinor and Salvesen & Thams. I’m looking forward to helping the company develop further both geographically and product-wise."
If you require further information, please contact:
Chairman Bjørn M. Wiggen, tel. +47 47 82 09 37
CEO Tom Samuelsen, tel.:+47 90 14 08 45
ONS gives you a wealth of opportunities to do business, build networks and lay the groundwork for future agreements and contracts.
ONS has established itself over 40 years as one of the world’s major meeting places for players in the oil and energy industry. All the main global players are represented with stands, and some of the key players in the industry address the conference.
We get many questions about our most recent results. Here are the figures from ONS 2012:
21,077 sq. m. exhibition area (will be expanded to 24,000 sq. m. in 2014)
1264 exhibiting companies
34 exhibiting nations
109 participating nations