Holta Invest enters the global offshore subsea market

Holta Invest enters the global offshore subsea market through an acquisition of 35 % of Telemark Technologies Holding AS

(17.11.2014)

Brussel, November 17th 2014.


Holta Invest AS and Torgeir Straand have today established a joint venture in order to develop and commercialize the technologies where Torgeir Straand is involved today.

Telemark Technologies is a trusted subsea engineering and development partner for offshore oil and gas producers and subsea equipment manufacturers. The company has among other products developed a new generation Hyperbaric testing system and Subsea pumping components.

Holta Invest will provide capital and competence to further grow Telemark Technologies Holding and its subsidiaries.

For further questions, please contact Kjetil Holta.