- We are very happy that Stamas Productions will become part of Nordic Steel. Stamas Productions is a company that for several decades has delivered quality to many different sectors. It is a company that complements us, among other things with their expertise in industrial piping, pipe systems and piping. Together we will add even more value to our customers, says Børre Lobekk, CEO of Nordic Steel Group.
Stamas Productions AS was established in 2001 and was 90 percent owned by Stamas Solutions AS and the rest by key personnel. Stamas Productions is known for top quality and flexibility with the customer in focus - which bodes well for a future together with Nordic Steel.
- Nordic Steel is a very good partner for Stamas Productions, it opens up exciting opportunities for both employees and further growth. I experience Nordic Steel as a particularly professional player, with modern facilities and forward-looking working methodology, and not least a very good environment both professionally and socially, says Pål Svanes, chairman of Stamas Productions AS and general manager of Stamas Solutions AS.
In 2022, Nordic Steel opened a new production building of 3,000 square meters, this was in addition to the 7,500 square meters built in 2019. The new building provides space for even more workplaces and the capacity for customers has been increased. With the acquisition, Nordic Steel further emphasizes its commitment to Norwegian industry and local jobs. After the acquisition, Nordic Steel will have more than 120 employees and dispose of more than 13,000 square meters of modern production facilities. - We both hope and believe that our customers will appreciate this, says Lobekk.
- Our long-term strategy is to grow both organically and inorganically. When we now grow further together with Stamas Productions, it is a completely right step for us. We have faith in the people, they add expertise and enable us to deliver even more services. We will be a proper and good owner for Stamas Productions and look forward to developing together, Lobekk elaborates.
With an owner like Nordic Steel, Stamas Productions gets to develop its services together with a safe, large and solid player, which is future-oriented and wants to invest long-term in the mechanical industry.
- The two companies have many common features and I believe the acquisition will strengthen both parties. Both Stamas and Nordic Steel have a strong focus on sustainability and we both work for a more sustainable industry. I am convinced that the acquisition will strengthen Nordic Steel's position as Norway's leading competence center in steel, Svanes points out.
The Stamas group has consisted of two companies, Stamas Productions (which now becomes part of Nordic Steel) and Stamas Solutions. Stamas Solutions continues as a separate company.
- Stamas Solutions looks forward to an exciting and good collaboration with Nordic Steel in the extension of the takeover of Stamas Productions. Now Stamas Solutions will continue to refine the investment and further growth in machining, with the customer in focus and the future in view, says Svanes.
