Norvestor VII L.P. and Norvestor VII OS L.P. (“Norvestor”), funds managed by Norvestor Equity AS, have signed an agreement to acquire Sperre Compressors (“Sperre”) from family owned Sperre Mek. Verksted AS.
Sperre is a world leading supplier of starting-air compressor systems for the offshore- and commercial marine markets. The Company, owned by third generation Sperre family, has a long-standing history in the global maritime industry with roots back to 1938. With extensive industry know-how and through a superior life cycle concept, Sperre has built an excellent brand recognition and is renowned worldwide for its reliable compressors and excellent service level. With a vast installed base of compressors worldwide, Sperre truly has a global footprint and 90% of total revenues originates from outside of Norway.