Lifeboat builder Norsafe in Arendal is sold to the Danish company Viking Life-Saving Equipment.

“Under the Viking umbrella, we are creating a more robust and more capable business model that will ensure we can continue to advance our ability to protect people at sea with compelling lifeboat solutions. The safety equipment industry is consolidating to offer shipowners and offshore asset owners greater economies and efficiencies of scale,” says Dag Songedal, CEO of Norsafe.

“This is a very close operational and cultural fit,” says Viking CEO Henrik Uhd Christensen. “Like Viking, Norsafe has been family-owned for generations, which creates strong and lasting relationships with customers – and it places the same emphasis on quality, on the use of advanced materials and on technological innovation as we do.”

With the Norwegian manufacturer’s 24-7 service network, providing lifeboat maintenance from over 300 ports worldwide, the Norsafe acquisition adds further fuel to Viking’s focus on answering new demands for full-scope solutions.