Alimak Hek Group has acquired Heis-Tek’s offshore business in Norway. The acquisition enables Alimak Hek to further expand its product and service offering of vertical access solutions to the oil and gas industry.

The acquisition encompasses the traction elevator company’s sites in Onarheim (new equipment sales) and Bergen (service) with a total of 38 employees.

Alimak Hek announced on 13 May that it had agreed to acquire the business. Both parties have agreed not to disclose financial details of the transaction.

Alimak Hek president and CEO said: "This acquisition will allow us to become a more complete provider of vertical access solutions to our customers in the oil and gas industry, which is one of our prioritised sectors. Heis-Tek has a long history of serving these customers and is a very good fit with Alimak Hek. The acquired expertise and market strength will provide new growth opportunities for the group."