Norvestor has acquired Sperre Compressors, a leading provider of starting-air compressor systems for the offshore and commercial marine markets, to leverage its growth potential within a robust maritime industry.
Information on the Target
Sperre Compressors, a leading supplier of starting-air compressor systems, specializes in providing innovative solutions for the offshore and commercial marine sectors. Established in 1938, the company has a rich history rooted in the maritime industry and is still family-owned by the third generation of the Sperre family. Over the decades, Sperre has developed a strong reputation globally, owing to its extensive industry expertise and commitment to providing an exceptional lifecycle service for its products.
The brand is well-regarded for its reliable compressors and superior service levels, contributing significantly to its global market presence. Notably, 90% of Sperre's total revenues are generated from international markets, reflecting the company's vast installed base of compressors worldwide. This extensive reach positions Sperre as a key player in the maritime industry.
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Industry Overview in Norway
The maritime industry in Norway is a pivotal sector contributing to the country's economy, characterized by a blend of innovative technology and tradition. Norway boasts one of the world’s leading shipping fleets, engaging in various
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Norvestor VII L.P. and Norvestor VII OS L.P.
invested in
Sperre Compressors
in 2018
in a Management Buyout / Buy-In (MBO) deal