Accent Equity to acquire composite manufacturer
Accent Equity has agreed to acquire Brimer from Entec Group, with the transaction expected to close in autumn 2024, pending regulatory approval and closing conditions.
Management at Brimer will co-invest alongside Accent Equity, ensuring a collaborative approach to the company’s continued development.
“We are excited to get Accent Equity onboard as the new main shareholder of Brimer,” said Håvard Hannes, chief executive of Brimer.
“With the new ownership, Brimer is positioned to further develop market opportunities in the water & wastewater, aquaculture, fish processing and subsea energy markets.”
Founded in 1974, Brimer is one of Europe’s leading manufacturers of corrosion-free composite materials, specifically glass-reinforced plastic (GRP).
The company has a strong presence in Norway and offers a wide range of solutions including design, engineering, production, installation and aftermarket services.
Brimer’s offerings encompass tanks for water and wastewater management, fish processing, land-based aquaculture and subsea energy protection structures, as well as other large GRP structures.
“Brimer has established itself as a leading provider of GRP solutions for clean water and critical infrastructure through its commitment to quality, deep expertise, and a customer-focused approach,” said Carl Fürstenbach, partner at Accent Equity.
“We are committed to supporting the company in its market expansion and continuing to deliver high-quality products and services to its clients.”
