Acquistion by Industrial
IK-Group acquires Online Electronics
IK-Group AS, the subsea and pipeline products and solutions provider headquartered in Stavanger, announced today that it has entered into an agreement to acquire Online Electronics Ltd, a leading global pipeline communications specialist headquartered in Aberdeen

Strenghten position in O&G pipeline sector

IK-Group (IK) is a fast growing niche supplier of solutions, products and services for subsea, pipe and pipelines, focusing on the worldwide oil and gas industry. IK-Group is the parent company of subsidiaries in Norway, UK and Saudi Arabia. The acquisition of Online Electronics further strengthens and widens IK`s position within the pipeline sector of the international oil and gas industry.

Online Electronics (OEL) designs, manufactures and distributes a cutting edge range of products and systems employed during pipeline pig monitoring, pipeline data communication and logging operations. OEL technology is operated throughout a wide range of applications from deep-water to topside, in pipeline terminals, valve and pumping stations and refineries. OEL is headquartered in Aberdeen with offices in Houston, Singapore, Dubai and Perth.

Alpha logo