OneCo was acquired by Katalysator.

OneCo, a Kristiansand, Norway-based industrial group with core activities in electrical and automation services, announced that it was acquired by the investment company Katalysator.

The deal was made via the acquisition of the company OC Industrier AS, for 80% of the shares in the company, with financial details undisclosed.

OneCo, founded in 2011 and led by CEO Marvin Jensen, is a leading provider of core-activities within electrical engineering and automation. The company has 950 employees based in offices throughout Norway and Sweden and with sales of NOK 1 600 million in 2018. Energy utilities, telecom operators and public and private developers are the largest customer groups.