Van Aalst’s Business Gets Norwegian Lift

After buying patented 3D crane technology from Norwegian company A-lifting in 2016, the Netherlands-based Van Aalst Group has recently acquired a majority stake in another Norwegian company – Techano, a designer and supplier of offshore cranes and lifting equipment.

“We are very excited to take part in this new page of the future of Techano. And we look forward to continue to develop the company and be a prominent player in the oil, gas and renewables industry,” said Wijnand van Aalst, CEO of the Van Aalst Group.

Øystein Bondevik, commercial manager at Techano AS, said: “This transaction has achieved two key objectives for us. Firstly, in the Van Aalst Group we have found a strong shareholder with key competencies in strategy, business development and operational excellence to support the company going forward. Secondly, with the capital raise we have strengthened our balance sheet and improved our liquidity position and outlook.”

Van Aalst, the owner of the SafeWay motion compensated offshore access system, stated that it is now one of the few companies in the world being able to deliver a crane as well as a gangway as a combined package, using the 3D crane function.