Framo

Florvag, Norway Founded: 1938 • Age: 88 yrs Acquired By EV Private Equity
Submerged pumping systems are manufactured and supplied for offshore industries.
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About Framo

Framo is a company based in Florvag (Norway) founded in 1938 was acquired by EV Private Equity in July 2015. It operates as a Professional Services, and Reseller / Distribution. Framo offers products and services including Cargo Pumping Systems, Offshore Pumping Systems, and Aquaculture Pumping Systems.

  • Headquarter Florvag, Norway
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Framo As
Operational Areas
Industrial Goods & Manufacturing → Oil, Gas & Energy Equipment
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Alfa Laval

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    EV Private Equity

    & 1 more

    (Jul 24, 2015)

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Products & Services of Framo

Framo offers a comprehensive portfolio of products and services, including Cargo Pumping Systems, Offshore Pumping Systems, and Aquaculture Pumping Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cargo pumping systems are provided for marine applications.

Offshore pumping systems are designed for oil installations.

Aquaculture systems are developed for sustainable fish farming.

People of Framo
Headcount 1000-5000
Employee Profiles 4
Employee Profiles
People
Martijn Bergink
CEO Of Framo And President BU Pumping Systems
People
Rachid L'Bouny
Talent Acquisition Partner A.i.
People
Geir Christian Helgesen
Head Of Marcom And Development
People
Julie Hesla Steinum
Head Of HR

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Funding Insights of Framo

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Framo

Framo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Alfa Laval and EV Private Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment in sustainable energy technology companies is facilitated.
Founded Year Domain Location
Water treatment, food processing, and pharmaceutical services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Framo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Framo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Framo Comparisons

Employees
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Competitors of Framo

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Framo

Frequently Asked Questions about Framo

When was Framo founded?

Framo was founded in 1938.

Where is Framo located?

Framo is headquartered in Florvag, Norway.

What does Framo do?

Framo is established as a global leader in pump technologies, specializing in marine, offshore, and aquaculture industries. Solutions are provided for cargo pumping, offshore production, and sustainable fish farming. Operations are supported by high-quality engineering and dedicated services, ensuring reliability in challenging environments. The company is involved in sectors such as chemical tankers, oil and gas installations, and renewable energy projects like offshore wind farms. Products are designed and tested at facilities near Bergen, Norway, with a focus on safety and efficiency. Worldwide support is offered throughout the product lifecycle.

What products or services does Framo offer?

Framo offers Cargo Pumping Systems, Offshore Pumping Systems, and Aquaculture Pumping Systems.

Who are Framo's investors?

Framo has 2 investors. Key investors include Alfa Laval, and EV Private Equity.

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