Fenner Advanced Sealing acquires Norwegian Seals

Fenner today announced that its wholly owned subsidiary Fenner Norway AS has today exchanged contracts to purchase 100% of the share capital of Norwegian Seals, which are privately owned companies based in Norway and the UK. Norwegian Seals was established in 2003 by a team of experts with nearly a century of combined experience in the oil and gas industry. The acquisition will become a part of the Fenner Advanced Sealing Technologies (FAST) global CDI brand.

“Norwegian Seals has a trusted relationship with their clients,” confirmed FAST President Leonard Casey. “That relationship is now combined with CDI’s engineering, materials, and manufacturing expertise.”

As a distributor of CDI products, Norwegian Seals significantly expanded the CDI brand. The new partnership between the companies will continue the expansion of the global CDI brand. Specifically, Norwegian Seals expertise in machining metal sealing components will expand CDI’s product offering while CDI’s engineering expertise will advance regional service offerings.

“Norway is a strategic location for the entire North Sea. Most of the world market for subsea systems is manufactured in Norway. Now, we can offer our global client base a custom solution to their manufacturing needs right where they need it,” he confirmed.

In addition, Casey explained the acquisition is a strategic fit into CDI’s international business portfolio. “The global subsea market is expected to see significant growth as operators develop assets around the world. By leveraging the expertise of Norwegian Seals, we can offer subsea expertise and products to our customers in other regional locations.”