Accent Equity has acquired Brimer to support accelerated growth

Stockholm, 29 October 2024

• Accent Equity has signed an agreement to acquire Brimer from Entec Group
• Brimer is a leading European supplier of composite/GRP solutions to protect and strengthening vital infrastructure at sea and on land
• Management will invest alongside Accent Equity and will continue to develop and grow the company

Accent Equity has signed an agreement to acquire Brimer from Entec Group. Closing of the transaction is expected during the autumn of 2024 and is subject to customary regulatory approvals and closing conditions. Management will co-invest with Accent Equity and continue to develop the company in close cooperation with Accent Equity.

Brimer, founded in 1974, is one of Europe’s leading manufacturers specializing in corrosion-free composite materials, GRP. With a strong presence in Norway, Brimer offers comprehensive solutions ranging from design and engineering to production, installation, and aftermarket services. Their solutions include tanks for water and wastewater, fish processing and land-based aquaculture as well as subsea energy protection structures and other large GRP structures.

“We are excited to get Accent Equity onboard as the new main shareholder of Brimer. Accent Equity’s documented experience in supporting growth companies will be important for Brimer as we continue our phase of growth and internationalization. With the new ownership, Brimer is positioned to further develop market opportunities in the Water & Wastewater, Aquaculture, Fish Processing and Subsea Energy markets. Additionally, Accent Equity’s strong commitment to sustainability aligns well with Brimer’s core values”, says Håvard Hannes, CEO of Brimer.

“We are thrilled to invest in Brimer and look forward to partnering with its experienced management team to drive growth. 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. We are committed to supporting the company in its market expansion and continuing to deliver high-quality products and services to its clients”, says Carl Fürstenbach, Partner at Accent Equity.

For more information, please contact:

Carl Fürstenbach, Partner of Accent Equity,
+46 70 322 98 99, carl.furstenbach@accentequity.se
Håvard Haanes, CEO Brimer,
+47 976 640 04, hh@brimer.no

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About Brimer:
Brimer, established in 1974, is a leading European manufacturer of GRP tanks for water, wastewater, fish processing and land-based aquaculture as well as a supplier of customized GRP solutions to amongst others the Subsea energy market. The company operates from sites in Norway and Latvia and employs c. 170 employees. In 2023, Brimer generated sales of c. NOK 261 million.
brimer.no

About Accent Equity:
Accent Equity has since 1994 invested in private Nordic companies where a new partner or owner can serve as a catalyst. Our ambition is to invest in and develop the companies to be Nordic, European or Global leaders through a professional, hands-on and long-term oriented approach that results in superior and sustainable returns.
accentequity.se
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