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    IKM Group makes acquisition

    Company News // December 31, 2014

    IKM Group in Norway has taken a majority share position in Hymek Services AS. IKM has acquired 90 per cent of the company, with the remaining shares owned by Svånes Invest AS (Erik Svanes). The new name for the company is IKM Hydraulic Services AS.
    Hymek Services is in Tananger in Norway and delivers a range of hydraulics. The main segments in which it operates are pipe-handling, marine and rig, and drilling equipment.

    The company has currently 21 employees led by CEO Erik Svanes. IKM said that Mr Svanes will continue as CEO after the acquisition.


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