The IKM Group has taken a majority share position in Hymek Services AS. IKM buys 90% of the company, the remaining is owned by Svånes Invest AS (Erik Svanes). The new name is IKM Hydraulic Services AS.
The IKM Group has agreed to purchase a majority 70% shareholding of Pressure Control AS.
Oiltools was established in 2000 and has provided solutions for slop treatment and cutting handling of several major drilling operations in the Barents Sea, North Sea, UK, Greenland, Mexico and the Falkland Islands.