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Fluid Control acquires oil service company TPS AS.

18.05.2012

Fluid Control Ltd. has Purchased TPS AS a Sun-based company That developer innovative solutions and services for water purification and cleaning aimed that drilling activities. Press release in Norwegian only:

Fluid Control buy oil services company TPS AS. TPS operates in water purification and cleaning associated with drilling activities offshore. TPS will improve fluid control its activity as a leading supplier of products, modules and services for fluid transfer, power and control solutions to oil and gas industry. TPS currently has 15 employees. Heidenreich Holding AS is the majority shareholder in Fluid Control.

 

Today's Fluid Control Ltd. was established as a merger between Active Service AS and Fluid Control Ltd. in 2010. The company is located in Bergen, Stavanger, Sola and Ågotnes and currently has approx. 160 employees. The company's focus is industrial supplies and services for fluid transfer and high-pressure area.The company covers both commercial, operational and market framework in the oil and gas sector.

  

TPS AS provides HSEQ innovative solutions and services for water purification and cleaning aimed at drilling activities. With proprietary equipment and solutions enhanced module and service base in Fluid Control.

 

Fluid Control has expansive plans forward. "With the new and larger building in Bergen and the sun is an important foundation for further growth added. With the acquisition of TPS strengthened expertise and resource base in order to follow the Fluid Controls supplies through life, and together with our customers and partners further develop existing and new solutions, "says Trygve Mild Tveit, CEO of Fluid Control.

 

 

For more information contact:

Fluid Control Ltd.

Trygve Mild Tveit, Managing Director

Tel: 55942250/952 85 140

 




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