With this transaction, both companies intend to continue their growth strategies and expand their range of solutions for the process industry and renewable energies. Main focus here is the digitalisation of functional safety, which HIMA is pushing under the motto "Safety goes digital".
"The acquisition of Origo Solutions is an important step in HIMA’s global expansion and also opens up new business opportunities for both Origo Solutions and HIMA”, said Steffen Philipp, Shareholder HIMA Group.
Origo Solutions was previously part of the Moreld Group, a leading industrial multidisciplinary engineering group providing services to the offshore energy and marine industries, owned by Moreld AS (60.1%) and Aker Capital AS (39.9%). “Origo Solutions has developed strongly over many years in collaboration with its customers and business partners. Moreld is pleased that Origo Solutions’ development will now continue as part of HIMA, building on the existing strong partnership over many years. “We are confident that this combination will benefit both customers and employees”, said Jan Erik Rugland, Executive Vice President Moreld Group and outgoing chairman of Origo Solutions.
HIMA representative for a long time
Origo Solutions is recognised as a market leader in safety, automation and instrumented systems for monitoring, control and protection of offshore and onshore installations, as well as complete SCADA systems for the wind industry. Origo Solutions has been the exclusive representative of HIMA in Norway for more than 20 years. "By joining our forces Origo Solutions and HIMA will not only strengthen our position in Scandinavia, but also open up new opportunities in the field of Renewables globally”, stated Jörg de la Motte, CEO HIMA Group.
As the regional headquarters for Scandinavia, the Norwegian company will also be responsible for sales and service in Sweden and Denmark. Existing Origo Solutions customers will benefit from a broader application portfolio and access to HIMA's global sales, engineering and partner network. HIMA customers in Sweden and Denmark will be served from Norway, resulting in even more efficient processes.
HIMA will ensure continuity of the management: Bjørn-Tore Lenes as CEO and Glenn Kjetil Nystøl as CFO will continue to lead Origo Solutions. The one hundred associates in Kristiansand (headquarters), Stavanger and Arendal will be keep their positions and additional hires are planned. The company will continue to trade under the name "Origo Solutions" with the addition of "A HIMA Company".