Huisman buys Norway's Future Production as rig-upgrade demand rebounds
What's the deal? Dutch industrial group Huisman has acquired Future ProductionDealroom has a profile for this one. Try Dealroom →, a Kristiansand-based supplier of offshore maintenance and renewable energy equipment, for an undisclosed sum. The deal, announced November 5, 2026, sees private equity owner NorvestorDealroom has a profile for this one. Try Dealroom → exit the company, which will continue to operate as a standalone business.
What each side brings: Future Production designs modular rig and platform solutions and outsources fabrication to a supplier network, an asset-light model that lets it grow without heavy capacity investment. Huisman, founded in 1929, builds and services heavy lifting and handling equipment across renewable energy, oil and gas, port logistics, and other sectors from offices in seven countries.
Why now? After years of disciplined spending by rig owners, activity has picked up and Future Production's order intake has risen sharply. Since 1999, the roughly 40-person company has made more than 650 deliveries to over 90 rigs worldwide.
The strategic rationale: The acquisition gives Huisman a foothold in specialised platform and rig-upgrade work that complements its lifting systems. "We believe the rig market will stay strong, and many rigs will need upgrades," said Torstein Bringa, chief executive officer of Future Production.
What's the endgame? Huisman plans to pair Future Production's client relationships with its own global execution and service capabilities. "As a family-owned company, Huisman takes a long-term perspective," said David Roodenburg, chief executive officer of Huisman, adding that it aims to preserve "the entrepreneurship and agility that make the company successful".
The signal: The deal is a strategic extension into a related, recovering market rather than a major consolidation of the offshore-equipment sector. It fits Huisman's broader 2026 push across offshore energy, including crane orders for CadelerDealroom has a profile for this one. Try Dealroom →'s next-generation installation ships; its success will hinge on whether Huisman can turn its wider reach into growth for Future Production.
Read more: gcenode.no
Image credit: ST33VO