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August 18, 2023

NetNordic acquires WestNet – strengthens competence in strategic verticals

NetNordic fulfills an important role as a system integrator in the Nordics with a focus on business-critical solutions and services. Our deep knowledge within the areas of security, network, and collaboration, in combination with our high-level expertise of system- and infrastructure, makes us very relevant for our large and medium-sized customers within the entire Nordic region.

“We are constantly on the lookout for new environments that can fit our growth strategy and we are learning that there are strong players out there that over time seek to become a part of a something bigger, in order to further strengthen their position and relevance. WestNet is a business that has developed a solid platform, built on culture, competence, and customer relevance. Over a longer period, we have developed a common ambition, which we are now starting to realize by joining forces,” says Jarl Øverby, CEO of NetNordic, and he continues, “The need for increased competence and capacity within the operator and energy sector is important to us. WestNet fits extremely well into our strategy. Our intention is continuing to take a leading role at the market” Jarl Øverby concludes.

NetNordic delivers and operates security, network, and collaboration solutions for large and medium-sized businesses. With the acquisition of WestNet, NetNordic makes its eighteenth acquisition since the year 2015. NetNordic is owned 70% by Norvestor, while the rest is controlled by the company’s own employees.

“Over a number of years, WestNet has worked on large projects and developed solid experience and expertise within selected industries. It was a natural step for us to become a part of a larger environment so that our expertise can be used even more. NetNordic was a natural choice for us. We have a substantial customer base in the operator and energy sector and will thereby reinforce our common growth ambition”, Steinar Omdahl states. He continues, “For the owners of WestNet, it is important and gratifying that our employees get more exciting development opportunities through a larger environment, where they can further develop their skill sets and ambitions. NetNordic has had an impressive development so far, which we look forward to reinforcing both through further customer relevance and value for the shareholders of which we now also will be a part of,” says Steinar Omdahl, general manager of WestNet AS.

Contact persons for further questions:

Jarl Øverby, CEO NetNordic Group, jarl.overby@netnordic.com, phone +47 982 17 009.
Steinar Omdahl, general manager WestNet, steinar.omdahl@westnet.no, phone +47 450 02 471.

NetNordic is a Nordic system integrator specialized in solutions and services within security, network, and collaboration. NetNordic ensures efficient realization of business-critical solutions and services for large and medium-sized companies. NetNordic operates both within the private and public sector. In year 2022 the pro forma turnover was approximately 2.2 billion NOK. Before the acquisition, the company had approximately 580 employees distributed among subsidiaries in Norway, Sweden, Denmark, and Finland.

Read more: https://netnordic.no/.

WestNet is a Norwegian consulting company that specializes in infrastructure services for the energy and operator industry with a focus on critical infrastructure and security. The company has over 20 years’ experience with complex projects and has around 30 employees in Stavanger and Oslo. WestNet is owned by the employees.

Read more: https://www.westnet.no/.