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We are excited to announce that Izomax has agreed to acquire 100% of the shares in IK Engineering from IK Group and Marek Lipski. This acquisition presents a unique opportunity for Izomax to further strengthen its engineering capabilities, significantly boosting its ability to deliver its advanced AOGV technology.

Expanding into the UK Market

To support continued growth, Izomax is establishing a permanent business presence in the United Kingdom. With increasing demand for pressurized system solutions, particularly in the oil and gas sector, the new Aberdeen base will serve both offshore and onshore industries. This expansion reinforces Izomax’s commitment to providing best-in-class services to clients in the UK market.

Strengthening Izomax’s Presence in the Americas

We are also pleased to announce that Izomax is acquiring IK Group US Inc., further strengthening its footprint in the Americas. This acquisition enables Izomax to expand into new markets within the process industry while reinforcing its offerings in the upstream and downstream oil and gas sectors. With the Americas’ oil and gas market expected to grow, this move ensures Izomax remains competitive and well-positioned to deliver AOGV technology to meet client needs.

Looking Ahead

As we move forward, we are excited about the future and the opportunities ahead. By leveraging Izomax’s groundbreaking AOGV technology and extending its global reach, we are confident in the company’s continued growth and success.

For further information regarding the acquisitions, please contact:

Merita Dagestad

Finance Director, Izomax AS

Email: merita@izomax.com

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The milestone event took place on Thursday, 9 January 2025, and brought together colleagues, clients, suppliers, and friends to celebrate this significant step in Izomax’s journey. We were pleased to have Tormod Wilson Losnedal, the Mayor of Stavanger, with us to officially open the new facilities during a ribbon-cutting ceremony.

This move marks an exciting new chapter for Izomax. The upgraded, spacious headquarters provide an ideal environment to support the company’s ambitious growth plans and commitment to innovation in the years ahead.

Thank you to everyone who joined us in celebrating this special occasion. We’re excited to see what the future holds for Izomax and can’t wait to witness their continued success in the years to come!

Congratulations, Izomax team!

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Izomax is pleased to announce that Jesper Veidung Moberg has been appointed Vice President and Managing Director, effective 1st August 2023.

Jesper joined Izomax after over a decade with Maersk, where he held global management positions. This is on top of an already distinguished career in various industries, including aerospace and logistics. 

With Jesper’s excellent leadership skills, we have high expectations that Izomax will continue its upward growth cycle, with a focus on structure, a streamlined working philosophy, and a firm focus on quality and safety.

As the new VP and Managing Director, Jesper will be responsible for leading Izomax’s strategic direction, strengthening our market position, and driving sustainable growth. His leadership skills and industry knowledge make him the ideal candidate to navigate the energy sector’s ever-evolving landscape.

Finally, we’d like to take this opportunity to thank Rune Sele for his hard work and dedication to Izomax over the last 2 years.  Rune has established an organisation and culture ready for further growth and tripled its revenue in that period.

Rune will move to IK Group and take up the Executive Vice President Business Development role, where we have no doubt he’ll continue to have a positive impact in a much broader role across the Group.

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In a move to address the surging global demand for AOGV isolation technology, IK Group has announced the launch of its wholly owned but separate entity, Izomax.

“The global demand for AOGV isolation technology has led us to the decision to launch Izomax as a wholly owned but separate company,” stated Eirik Berge, CEO of IK Group.

With a broad portfolio of value-adding products and solutions within pressurized systems, topside, and subsea, the Norwegian-based IK Group has established itself as a key player in the industry. To bolster its international growth strategy, the AOGV product line will now operate under the banner of Izomax as an independent but wholly owned subsidiary.

CEO Eirik Berge emphasized, “We will continue to support Izomax wherever needed, but by becoming independent, Izomax will take the AOGV technology and service delivery to new heights with enhanced customer focus and engagement.”

Rune Sele, Vice President of Izomax, expressed gratitude towards IK Group, highlighting their admiration for the investment, support, and encouragement that has propelled Izomax into this exciting new development phase.

Stay tuned for further updates as Izomax embarks on its journey to redefine the landscape of AOGV technology, promising unparalleled customer service and innovation.

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