Bertel O. Steen acquires AK Maskiner

Bertel O. Steen acquires AK Maskiner AS, one of the leading suppliers of agricultural machinery. AK Maskiner has a strong market position, with brands such as Case IH and New Holland, and with its nationwide network of distributors provides a solid platform for Bertel O. Steen’s commitment to the agricultural market.

A-C Maskiner was founded in 1961. From the start with 10 employees and annual sales of NOK 4 million, the company has developed into a major distributor of agricultural machinery, tractors and equipment. The company had a turnover of around NOK 1.2 billion in 2007 and has approx. 370 employees. AK Manskiner has a well-developed network of resellers and is a complete equipment supplier to the Norwegian agricultural sector.

 

About Bertel O. Steen

Bertel O. Steen is part of one of the largest privately held group of companies in Norway. The group is engaged in 3 main areas: Car import (Mercedes-Benz, Peugeot, Smart, Daihatsu, Kia, Chrysler, Jeep and Dodge), real estate and industry. Bertel O. Steen has long traditions within the sport and leisure sector, and is amongst other the exclusive distributor of Asics in Scandinavia.