Sale to industrial
Apply Nemo sold to Kongsberg
Kongsberg Gruppen (OSE:KOG) announced on 10 December 2012 that it has entered into an agreement, through Kongsberg Oil & Gas Technologies, to acquire Apply Nemo AS from the Apply Group.
NOK 340m - 2012

Strengthen subsea offering

Apply Nemo, formerly Nemo Engineering, was established in 1989 with focus on subsea pipeline engineering and complex solutions and has since been transformed into a product focused organisation offering extensive experience in both subsea engineering and the development and manufacture of subsea products. With head office in Oslo, Norway, the company currently has 172 employees, estimated revenue in 2012 of NOK 275 million and a strong market position in the North Sea and Australia.

Apply Nemo was controlled by HitecVision Private Equity and family owned Køhlergruppen.

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