Arne Stang AS to acquire Airlift Onshore AS
NHV PRESS RELEASE | DECEMBER 15, 2021
Arne Stang Holding AS, a family
business, owned and run by the Stang family in Norway, has entered into an
agreement to acquire all shares in the NHV Group subsidiary company, Airlift
Onshore AS.
NHV Photo
Airlift Onshore AS is Northern
Europe’s leading company for the provision of onshore helicopter services. They
create solutions for both onshore and offshore visual site inspections through
the combined use of helicopters and drones. They are also the holding company
for subsidiaries Vertech Offshore AS and Airlift AS. Both are market leaders
operating a niche business whilst offering the highest quality in very specific
and challenging helicopter operations.
Vertech Offshore AS, located in
Lillesand Norway, is the international market leader for flare tip
replacements, employing a unique method for flare tip replacement with a
vertical reference flying technique.
Airlift AS, located in Bringeland
Norway, provides drone and helicopters to carry out safety inspections that
would otherwise require large and timely resources. They have 15 helicopters
located across Norway, from: Bringeland, Kinsarvik, Stranda, Bergen and Tromsø.
Family company Arne Stang AS is a
holding company operating in special areas of interest, including property, through
their subsidiary company AK Stang Eiendom AS, fishing through Karmsund Protein
AS and mountain protection through the company Norsk Bergsikring AS.
Pioneering CEO of
Arne Stang AS, Peter Midthun immediately could visualise the significant
synergies that the Airlift AS subsidiaries can offer to the portfolio of
businesses already owned by Arne Stang AS, and he is looking forward to the
interesting challenge of implementing them, trusting that having local
ownership will further mature the organization’s business offering and develop
the local region.
NHV Group’s Chief Financial Officer,
Laurent Verhelst comments, “Aviation services will be a new operation for Arne
Stang AS, but with the vast level of competence, extensive subject knowledge
and experience of the teams that they will acquire, we are convinced of their
future success in Norway.’’
“Putting the agreement in place has
been an ongoing discussion since autumn 2021, and we are pleased to announce
that the purchase now appears to be in order” says Peter Midthun, CEO of Arne
Stang AS.
“We have been working on the sale of
Airlift for some time, and we are happy that we have now reached a goal with a
local owner, so that the activity we have built up over more than 30 years at
Bringeland, can continue,” says Stian Hårklau, director of Airlift AS.
This press release was prepared and distributed by
the NHV Group.
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