Torpol takes over Norwegian firm

Polish Torpol which specializes in upgrading railway trucks and lines has acquired Norwegian Dimark Oil&Gas which deals with processing installations and equipment packages forthe oil and gas sector, the company reported. "We have decided to diversify our activity in taking the opportunity to acquire Dimark Oil&Gas to establish competencies in the profitable sector of oil treatment installation ," said Tomasz Sewklej, the CEO at Torpol. He also said that as a result of the deal, Torpol is looking forward to strengthening its position in the Norwegian market, where its subsidiary, Torpol Norge has been operating. Torpol's portfolio in Norway is valued at over PLN 100 million.