HOME SERVICES QHSE TRAINING CENTER ABOUT FOURS CAREER CONTACT DIVISIONS Norsafe Fours AS Fours Solution AS Fours AS Kolos Kolos Press Release WE JOIN FORCES IN ORDER TO GROW IN CHALLENGING TIMES OTIC AS, K. LUND Offshore LØFT AS and Fours AS have decided to merge their businesses in a new company called Kolos. Each company already possesses vast experience and high competence within their core areas and will have a complementary product portfolio. Kolos aims to become a complete provider of services related to lifting operations and lifting equipment. Engineering, production, inspection and certification, training and consultancy. The group companies already covers a large part of Norway and aims to continue growing both nationally and internationally. Our skills base and new size allows us to take an independent and leading position in our field. Kolos will also be exploring new business opportunities within: Aquaculture, including the approval of fish farms, work / fishing vessels up to 15 meters. Design and certification of vessels and offshore cranes (A1). Delivery of equipment and certification services to the windmill industry. Marine operations. The new company will have two main locations. We already have modern facilities at Sola, near Stavanger. In the spring 2016 we will also move into a new facility at Frekhaug, outside of Bergen. Expected overall investment in Kolos Group will be approximately NOK 70 million in 2016. In total, the three companies currently have approx. 110 employees and a turnover of NOK 160 million in 2015 and aims to reach NOK 200 million in turnover in 2016. Bjarte Fosse will be the CEO of Kolos Group. Any questions may be directed to: Bjarte Fosse CEO Kirsti Tønnessen Chairman Gaute Jørpeland Board Member 464 74 914 bgf@fours.no 909 78 236 kirsti@westco.no 975 12 150 gjo@kl-ffshore.no www.kolos.no © 2012 | FOURS AS | Tel: +47 91 00 14 44 | Email: admin@fours.no Nettsideløsning fra Mosoft : Web