Beerenberg delivers innovative service solutions to the oil and gas sector, primarily on the Norwegian Continental Shelf. The service offering includes surface treatment, fire-proofing, insulation, architectural works, access technologies and decommissioning in addition to related engineering and inspection services.

With over 40 years of experience in the industry Beerenberg ensures the production of oil and gas through inventive solutions.

Segulah IV L.P. invested in Beerenberg in January 2013 to support the continued growth in a niche market with strong potential, underpinned by favorable macroeconomic conditions.

Fund: Segulah IV
Area: Oil and gas industry
Acquisition: 2013
Turnover: MNOK 1,520
Employees: 1133
CEO: Arild Apelthun
Chairman: Ketil Lenning
Board members: Sebastian Ehrnrooth Ingelise Arntsen Svein Eggen Hilde Drønen Morten Walde
Ownership: 83% through Segulah IV L.P.
Responsible partner: Sebastian Ehrnrooth

Current portfolio

Case studies

Realized portfolio

  • Name Fund Area Acquisition Exit
    Docu Nordic Segulah IV20142017
    Zengun Segulah V Construction20162019
    Teknikmagasinet Segulah V Retail20152018
    Oglaend Industries Segulah IV20142017
    eTRAVELi Segulah IV20102015
    Byggfakta Scandinavia AB Segulah Information services19961998
    EKH Ekonomihuset Segulah I Pension trusts19971999
    Wilkenson Handskmakar´n AB Segulah Retail19941997
    Teli Service Segulah I Repair & logistic services19972002
    Modul-System Segulah I Vehicle interior fittings19992002
    Norfoods Segulah II Food20002004
    EEN Segulah I Music & entertainment19992004
    CCS, Clean Chemical Segulah II Skin- and eye care20032004
    NVS Installation Segulah II HVAC installation20022006
    HMS Industrial Networks Segulah II Communication technology20042007
    Previa Segulah II Occupational health20042007
    Kosan Crisplant Segulah II LPG supplies20042008
    Callenberg Group Segulah II Marine electronics20012008
    Joy Segulah III Retail20062009
    Isaberg Rapid Segulah III Office supplies20072009
    NEA-gruppen Segulah III Electrical installation20062010
    Exotic Snacks Segulah III Food20082011
    Skandinavisk Kommunalteknik Segulah III Sewage systems20082011
    InfoCare Segulah II Electrical repair20042012
    Medstop Segulah IV Pharmacies20102013
    PMC Group Segulah III Hydraulics20052015
    S:t Eriks Segulah III Building products20052015
    Kemetyl Segulah III Chemicals20072016
    Almondy Segulah III Confectionery20082015
    Scan Coin Segulah IV Cash handling20102015
    CCS Healthcare Segulah IV Healthcare20112019
    Gunnebo Industrier Segulah III, Segulah IV Industrial20082019