The two industrial companies, Ulefos Holding AS and Furnes Jernstøperi AS, are joining forces in a new partnership to be operated under the name CK Partners AS, with ownership rooted in the Cappelen and Kjær families. The purpose of the joint venture is to strengthen the companies’ position in a demanding market characterised by increased international competition and persistently low activity in the construction sector.
Ulefos is a Nordic manufacturer of cast-iron infrastructure products for water, wastewater and urban environments, serving municipal and infrastructure customers across the Nordics. The company offers a broad product portfolio including street ironwork and valves, supported by an integrated Nordic production and sales platform, and a long industrial heritage dating back to 1657. Headquartered in Ulefoss, the Group employs approximately 300 people and has been owned by the Cappelen family since 1835. Furnes Jernstøperi is a Nordic manufacturer of street ironwork, including frames, manhole covers, grates and drainage solutions, serving municipal and infrastructure customers across the Nordics. Founded in 1958 and headquartered in Stange, the company employs nearly 150 people. Furnes is owned by the Danish AVK Group, a global, family-owned industrial group with core operation within water, wastewater, gas and fire protection solutions.
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