Multiconsult acquires Vest Consult

Multiconsult AS is making further investments in the west of the country and has acquired all shares in Vest Consult AS. The company will become an integral part of Multiconsult's strategic offshore investments within oil and gas.

20. September 2013

The agreement was signed on 2 September. Vest Consult comprises eleven skilled employees and will continue operating as an independent company until 2015.

-Vest Consult will be crucial in our strategic offshore investments within oil and gas. The environment has specialist expertise within HVAC and climate technology, which will complement the established specialist environments within Multiconsult. Geographically, we have been on the lookout for a link between our offices in Bergen and Stavanger. We are therefore thrilled that Vest Consult has decided to become a part of us, explains Christian Nørgaard Madsen, CEO of Multiconsult.

Increased competitiveness

Vest Consult has been performing well since its start-up in 1981. Nevertheless, changes to the industry are making it harder to run a specialised company. By becoming part of a large multi-disciplinary environment in Multiconsult, opportunities will arise to offer more services to existing customers and also, increasingly, to gain access to large national and international projects.

– Becoming part of Multiconsult provides us with larger market shares and broader expertise. Our employees also benefit from the security of becoming part of a large, stable and exciting company, explains Sigurd A. Buchvold, General Manager of Vest Consult.

– We have collaborated extensively with Multiconsult’s Bergen office in the past and know that they have a wealth of valuable knowledge. There is also a unique, open culture within the company. Everyone cares about each other’s development and is keen to share knowledge. To have such an open system, without closed doors, is important to us. This also assures us that we will become professionally stronger going forward, concludes Buchvold.