Scana Industrier buys Björneborgs Järnverk AB, now Scana Steel Björneborg AB, one of the oldest ironworks in the world.
Scana Industrier buys a company steeped in forging traditions: Booforge AB, now Scana Steel Booforge AB. Production was previously run by Alfred Nobel’s Bofors.
Scana Industrier is listed on the Oslo Stock Exchange.
Scana Steel Stavanger AS secures its own power supply through the licence allocation to Jørpeland Kraft AS, a third of which is owned by Scana.
Scana establishes itself in China through the joint venture company Leshan Scana Machinery Company Ltd.
Scana buys Volda Mekaniske Verksted AS, now Scana Volda AS.
Scana signs an agreement with Caterpillar, making Scana Volda a preferred supplier of propellers, reduction gears and control systems for Caterpillar’s diesel engines.
The first complete year of operation for Scana Korea Hydraulic Ltd. This company has increased Scana’s market share considerably in one of the world’s largest shipbuilding nations.
Scana increases its capital, which gives the company NOK 106 million in new share capital.
Smedvig sells his share majority in Scana to leading employees in Scana Industrier.
Scana Korea Hydraulic becomes one of five subcontractors to be given the prestigious “Quality Gold Mark” by Samsung Heavy Industries, one of the world’s largest shipyards.
Scana establishes the offshore service company Scana Offshore Technology AS in collaboration with International Oilfield Services AS. The new company aims to further develop the group’s activities within service and maintenance.
Scana acquires the companies “Brødrene Johnsen AS” and “AMT AS”, now Scana Offshore Vestby AS, in collaboration with International Oilfield Services AS. These acquisitions confirm the company’s expressed objectives for growth within oil and gas.
Scana’s turnover reaches almost NOK 2.9 billion after a peak in activity in all of the groups key areas. Scana Offshore Services is established after an acquisition of business in Houston. The company strengthens Scana’s position in the USA and Singapore.
Scana buys ABB’s marine activities in Poland and establishes Scana Zamech Sp.Zo.o. The acquisition strengthens and complements Scana’s activities within the business area Marine. Scana’s establishment of business in Brazil will create big opportunities for growth in an exciting market. Scana also establishes Scana Subsea delivering subsea and riser components to the oil and gas industry.
Scana emphasizes consolidation and efficiency of operations to strengthen our competitive power. The order intake increases significantly towards the end of the year.
Scana buys the property of the liquidated Axels Components in Kristinehamn, Sverige, and establishes Scana Machining AB. Scana sells its shares in Jørpeland Kraft AS. Scana wins, through Scana Offshore Vestby, a contract for NOK 350 million in Brazil. This is the largest contract for Scana in its entire history and represents a breakthrough in an exciting market.