Agility Group sells Agility Contracting

Agility Group has reached an agreement to sell Agility Contracting to NLI Solutions.

Agility Contracting is a diversified service contractor with customers in the oil and gas, petrochemical and general industries. The main service lines are industrial maintenance, fabrication and testing services, and machining services. The company has 130 employees and is headed by CEO Tore Nissen Nygård.

Agility Contracting has deep roots in the Grenland area with a history that dates back to 1955 when the mechanical workshop Brødrene Sørensen was established. Today the company is still based in the Grenland region and is headquartered in brand new facilities at Herøya Industrial park.

NLI Solutions focuses on the oil & gas, industry and infrastructure markets, offering engineering and fabrication services, technology products and process solutions. NLI is owned by Ard Group, a privately held investment company based in Drammen, Norway.

The parties have agreed that the transaction price will not be disclosed. The transaction is expected to close on or about 15 May 2015.