IK Group Announces Izomax Agreement to Acquire IK Engineering
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
