Oslo/London, 28 October 2024 – Arendals Fossekompani, Advent International, and Generation Investment Management have successfully completed the acquisition of Volue, a leading provider of software and data solutions for the energy and infrastructure sectors.
This strategic partnership aims to accelerate Volue’s growth and innovation in the energy transition market. By combining the financial strength and industry expertise of the three companies, Volue is well-positioned to capitalize on emerging opportunities and deliver advanced solutions to its customers.
Key Benefits of the Acquisition
- Enhanced growth and innovation: The combined expertise of the three companies will drive innovation and accelerate growth.
- Strengthened market position: The acquisition will solidify Volue’s position as a leading player in the energy and infrastructure software market.
- Financial stability and long-term vision: The backing of Arendals Fossekompani, Advent, and Generation provides a strong financial foundation and a long-term commitment to Volue’s success.
A Shared Vision for the Future
Trond Straume, CEO of Volue, expressed excitement about the completed transaction and the opportunities it presents. He emphasized the strong partnership with the new owners and the potential to deliver even more compelling solutions for customers.
The combined strengths of Arendals Fossekompani, Advent, and Generation will enable Volue to:
- Drive innovation: Develop cutting-edge software and data solutions to address evolving market needs.
- Expand market reach: Explore new markets and customer segments to drive growth.
- Enhance operational efficiency: Implement best practices and leverage synergies to optimize operations.
Looking Ahead
As the energy transition accelerates, Volue is well-positioned to play a pivotal role. With the support of its new owners, Volue is committed to delivering innovative solutions that contribute to a sustainable energy future.
