Ex-tech Group divests French product subsidiaries to strengthen its focus and value proposition within Ex Explosion protection and Digitalization.
Ex-tech Group – A Norwegian based Innovative Ex-competence and solutions provider headquartered in Stavanger, have divested its two product subsidiaries in France to strengthen its focus and value proposition within Ex-competence, Ex-solutions, and preventive maintenance/Digitization for the Industry.
Based on its strengthened focus and value proposition, and lean business model and attractive industry outlook, Ex-tech Group will refocus from product deliverables and distribution to Turn-key solutions across industries. Ex-tech Group have successfully positioned itself through a period of lower activity and is now capitalizing on a robust demand and orderbook for 2023 and 2024.
The ultimate goal is to digitize the Ex-industry across segments. There are several projects implemented on shore and offshore. Immediately ahead of us there will be some significant breakthrough for the industry.
Jan Holm, Ex-tech Group CEO says, “to continue growth and being able to leverage on highly innovative, digital and prestigious Ex- projects nationally and internationally across industries, we are strengthening both our focus and value proposition as well as our team and delivery capability”.