Bergen, November 4th, 2024: Beerenberg acquires Østlandske Isolasjonsservice AS
(100% owner). The acquisition strengthens Beerenberg's insulation business and
ability to deliver a wide range of services to both existing and new customers.

Østlandske Isolasjonsservice AS, which specializes in insulation services, has a
high level of expertise and experience with insulation solutions to improve
energy efficiency and reduce costs. The company had a turnover of NOK 15 million
in 2023.

"This is another step in our ambition to provide a broad selection of services
to our clients outside O&G and will give us a good start in developing our
business in Østfold," says CEO Arild Apelthun. 

For further information, please contact:
Harald Haldorsen, CFO 
Tel. +47 982 34 834 
E-mail: harhal@beerenberg.com 


About Beerenberg AS 
Beerenberg has delivered cost efficient solutions to a wide range of industrial
enterprises for 47 years. Beerenberg is one of the leading suppliers of
maintenance and modifications services on the Norwegian Continental Shelf as
well as a global provider of insulating products. The GroupŽs expertise covers
the entire life cycle of the petroleum industry from field studies and newbuilds
to maintenance, modifications, and lifetime extensions. The operational
activities are organized in Beerenberg Services and its subsidiaries.
Headquartered in Bergen, Beerenberg has offices in Stavanger and Skien in Norway
and in Poland, UK, South-Korea, Thailand, Brazil, and Singapore. 

To learn more, please visit www.beerenberg.com.