Knowit expands in the maritime industry

Published 19 Dec 2014

Knowit is strengthening its offering in the offshore oil and gas, shipping and marine and maritime industries in Norway, through the acquisition of the design and communications company Colours. The company has 27 employees in Bergen, Oslo and Stavanger.

– With over 100 customers in the big coastal industries, especially in Bergen and Stavanger, we are taking an important step into an exciting industry of the future. The combination of Colours’ deep knowledge of the field and Knowit’s digital cutting-edge expertise will contribute to further development of the clients’ business operations, says Henrik Lie-Nielsen, CEO Knowit Norge.

Acquisition will occur as of January 1 2015. Colours is expected to report net sales of NOK 40 million for 2014. Knowit will acquire 55 percent of the shares in Colours AS for cash.

– Digitalization is moving quickly through the maritime industry and is a central motive force for business development in the field. With a strong offering in creativity and market communication, combined with a strong, technical muscle, Knowit is an ideal match for Colours. Together, we can offer the best solutions for our clients, says Jacob Grieg Eide, partner and business development director at Colours.

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