NORWAY (December 22, 2016) – Hoover Ferguson Group acquired the rights and obligations of Uniteam Holding AS’s (Uniteam’s) offshore container rental business.

The transaction, which includes a specified fleet of standard and customized offshore containers in Norway and Malaysia, increases Hoover Ferguson’s established portfolio within the Norwegian oil and gas market and strengthens the Group’s footprint in Asia.

Hoover Ferguson’s Norwegian management team will continue to lead Uniteam’s operations, supporting its customer base through the transitional period.

“We have been impressed with the quality of Uniteam’s fleet and are positive about the prospects this acquisition will bring,” said Lars Olav Matre, managing director of Hoover Ferguson Norge. “The consolidation of our operations will provide our customers with an unrivalled choice of offshore container solutions and deliver increased scope for our Norwegian and Malaysian businesses.”

Kjell-Ivar Myrvang, CEO, Uniteam, said, “We are pleased to have signed this agreement with Hoover Ferguson as the company embarks on an exciting period of growth. Hoover Ferguson is well-known for its strong focus on exceptional customer service and we are confident that this agreement will provide tremendous benefits to our offshore client base.”

The offshore assets of Uniteam’s rental fleet will be incorporated into Hoover Ferguson’s Offshore strategic business unit, which designs, engineers and manufactures workspace and accommodation modules, IBCs and CCUs for the global oil and gas industry.