The former group includes France-based Lassarat and Norwegian
Beerenberg. Germany-based Bilfinger, US peer Brand Safway and French Groupe Altrad through its Cape and Hertel franchises are globally operating peers.
| WHERE is
Beerenberg, the northernmost active volcano in that country?
Norwegian service company, the
Beerenberg Group, was undertaking maintenance work on offshore installations in the North Sea and did a fit-testing exercise on 288 of its workers in 2013.
The plate boundary at the Mid-Atlantic Ridge is important for Norway because it hosts its only active volcano, the
Beerenberg volcano on Jan Mayen.
Swedish buyout firm Segulah Advisor AB said that its UK-based fund Segulah IV LP had agreed to buy Norwegian oil service company
Beerenberg Holding AS for an unspecified amount.
4 January 2013 - Swedish buyout firm Segulah Advisor AB said today that its UK-based fund Segulah IV LP had agreed to buy Norwegian oil service company
Beerenberg Holding AS for an unspecified amount.
The vendors are Norwegian private equity firm Herkules Capital's Herkules Private Equity Fund I, as well as
Beerenberg's management, which will reinvest in the firm and remain a significant shareholder along with Segulah.
A South Australian icon,
Beerenberg Jam, will soon be gracing the breakfast tables of families in northern China.