18.03.2026
Translink Corporate Finance in Sweden and Norway have acted as financial advisor to Sertion,a portfolio company of Consolid Equity, on its acquisition of Ofoten Rør AS.
Ofoten Rør brings strong expertise and broad customer base to Sertion
With more than 40 years of history, Ofoten Rør has established itself as a leading HVAC contractor in Narvik, Norway. The company has extensive expertise within HVAC and a broad customer base across both the private and professional sectors.
Sertion continues ambitious growth strategy in the Nordic region and Northern Europe
Sertion is a Nordic group of expert companies providing complex HVAC solutions, technical infrastructure and industrial piping. Since its founding in 2024, Sertion has pursued an ambitious growth strategy aimed at building a strong market position in the Nordic region and Northern Europe, with the goal of becoming a leading international partner in its business areas.
Comments from Sertion
Andreas Bogren, Group CEO of Sertion, highlighted, “The acquisition of Ofoten Rør is fully in line with our long-term growth strategy. The company adds specialist expertise and a strong local market position that further strengthens our HVAC operations in Norway.”
Comments from Ofoten Rør
“Becoming part of Sertion gives us access to resources and networks that enable us to further develop the business and take on larger projects. We look forward to combining our local expertise with Sertion’s ambitions and creating long-term value for our customers,” said Tor-Arne Pedersen, CEO of Ofoten Rør.
Comments from Translink Corporate Finance
“We would like to thank Sertion and Consolid for their continued trust in us as buy-side advisors. We are also pleased with the strong collaboration with Translink Norway, with whom we have completed two acquisitions for Sertion over the past month and four since the summer,” said Fredrik Ullberg, Partner at Translink Corporate Finance Sweden.
