Safety automation provider HIMA Group reported Feb. 5 that it’s acquired Norway-based Origo Solutions, which provides safety, automation and instrumented systems for monitoring, control and protection of offshore and onshore facilities, as well as complete SCADA systems for the wind industry. For more than 20 years, Origo Solutions has also been HIMA's exclusive representative in Norway.
This transaction is expected to allow both companies to continue their growth strategies, and expand their range of solutions for process and renewable energy industries. Their main focus is digitalizing functional safety.
"By joining forces, Origo Solutions and HIMA will not only strengthen our position in Scandinavia, but also open up new global opportunities in renewables,” says Jörg de la Motte, CEO HIMA Group.
“Origo Solutions has developed strongly over many years in collaboration with its customers and business partners,” adds Jan Erik Rugland, EVP at former majority owner Moreld Group and outgoing Origo chairman. “Moreld is pleased its development will continue as part of HIMA, building on the existing strong partnership over many years. We’re confident this combination will benefit customers and employees.”
Origo’s customers are expected to benefit from a broader application portfolio and access to HIMA’s global sales, engineering and partner network. HIMA customers in Sweden and Denmark will be served from Norway in the future, which will lead to more efficient processes and even better support.
HIMA reports it will ensure continuity of Origo’s management. CEO Bjørn-Tore Lenes and CFO Glenn Kjetil Nystøl will continue to lead Origo. Its 100 associates at its headquarters in Kristiansand, and branches in Stavanger and Arendal, will be keep their positions, and additional hires are planned. The company will continue to trade under the name "Origo Solutions" with the addition of "a HIMA company."
