AWC AS, part of AWilhelmsen, has entered into an agreement to acquire the majority of shares in Sleipner Motor.
Through the transaction, AWC will take an 82% share of the business with the company’s CEO Ronny Skauen increasing his ownership stake to 16%.
Other members of the Skauen family will retain the remaining 2%.
Sleipner will continue to operate as an independent company, with its existing management, organisation, brand, and strategy remaining in place.
“This is an important step for Sleipner,” said Ronny.
“After ownership has become more dispersed in recent years due to generational transitions, we have been looking for a long-term, Norwegian, and financially strong partner who understands the industry and can support our continued international development and growth.
AWC shares our ambitions and culture and provides us with both trust and freedom to act.
Ronny Skauen
“AWC shares our ambitions and culture and provides us with both trust and freedom to act. We look forward to building the future together.”
Andreas Mørk, investment director at AWC AS, added: “Sleipner is an exceptional Norwegian company with world-leading positions in highly attractive niches.
“The company has a strong industrial identity, forward-looking technology, and a culture that creates lasting competitive advantages. Sleipner is a company AWC is proud to be associated with.”
Sleipner, headquartered in Fredrikstad, Norway, has a global network of distributors and boat building partners and subsidiaries in eight European countries.
The group employs more than 250 people.
AWC AS is a Norwegian investment company, part of the family-owned Awilhelmsen Group, which has a long maritime heritage.
