Asker og Bærum Vannverk

What Asker og Bærum Vannverk does

Asker og Bærum Vannverk IKS (ABV) is an inter-municipal water utility company jointly owned by Asker and Bærum municipalities in Norway, organized as an interkommunalt selskap (IKS) under Norwegian law. The company supplies treated drinking water to approximately 165,000-170,000 residents across both municipalities through two primary treatment facilities: Holsfjorden Vannbehandlingsanlegg (capacity 5,400 m³/hour; 14-20 million m³/year) and Aurevann Vannbehandlingsanlegg (capacity 2,900 m³/hour; 8-15 million m³/year). ABV operates as a wholesale supplier to the two owner municipalities, which handle internal distribution via municipal pipe networks.

The company's treatment technology combines conventional processes — coagulation-flocculation-sedimentation-filtration with UV irradiation and chlorination disinfection — across multiple hygienic barriers. Approximately 6,000 microbiological and physical/chemical operational analyses are performed annually by in-house laboratories to maintain water quality and optimize chemical dosing. The Aurevann source is located upstream of all development, enabling gravity-fed distribution. A new full-scale treatment plant at Kattås, designed by Norconsult with color removal capability, is under construction with expected completion in 2026.

ABV's revenue model is subscription-based, derived from inter-municipal water supply agreements with its two owner municipalities. As a regulated municipal utility, its pricing is negotiated through municipal contracts rather than market mechanisms. The company is led by CEO Hans Erik Lie and operates with 11-50 employees, governed by a representative assembly and board of directors. It is not publicly traded and is not an investable equity; rather, it is a public-purpose infrastructure entity whose strategic value lies in service reliability, regulatory compliance, and long-horizon capital stewardship.

Name

Asker og Bærum Vannverk

Legal name

Asker og Bærum Vannverk IKS

Website

https://abvann.no

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

Asker og Bærum Vannverk IKS is an inter-municipal water utility, jointly owned by Asker and Bærum municipalities in Norway, supplying treated drinking water to approximately 165,000-170,000 residents through two treatment plants (Holsfjorden and Aurevann) with a new plant under construction at Kattås.

Ownership category

akta.pro rank

Product category

Municipal Water Supply

NAICS

Water Supply and Irrigation Systems (221310), Water, Sewage and Other Systems (2213)

SIC

Water Supply (4941)

akta.pro primary industry

Water Treatment Plant Construction (Drinking Water) (IMAFAGAA)

akta.pro secondary industries

Water Resources, WASH & Integrated Water Management (BPADALAH), Water & Wastewater Compliance (NPDES/Stormwater, Pretreatment, Drinking Water/SDWA) (EUAHABAB)

Keywords

• Municipal water supply
• Drinking water treatment
• Water utility services
• Water quality monitoring
• Water treatment infrastructure

Headquarters

HQ city

Bærums Verk

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain

Revenue model

1. Municipal Water Supply: Asker og Bærum Vannverk IKS supplies treated drinking water to Asker and Bærum municipalities. The individual municipalities are responsible for internal distribution via their municipal pipe networks. Revenue is derived from municipal contracts and water supply agreements with the two owner municipalities.

Distribution channels1 record

Marketing channels2 records

Core offering

Asker og Bærum Vannverk IKS (ABV) is an inter-municipal water utility that treats and supplies drinking water to the Norwegian municipalities of Asker and Bærum. The company operates two primary treatment facilities — Holsfjorden Water Treatment Plant (capacity 5,400 m³/hour) and Aurevann Water Treatment Plant (capacity 2,900 m³/hour) — delivering water to approximately 165,000-170,000 residents via municipal pipe networks. A new full-scale treatment plant is under construction at Kattås with expected completion in 2026.

Product overview

Asker og Bærum Vannverk IKS (ABV) is an inter-municipal water utility company owned by Asker and Bærum municipalities, providing drinking water to approximately 165,000-170,000 people. The company operates two primary water treatment facilities: Holsfjorden Vannbehandlingsanlegg drawing water from Holsfjorden (serving old Asker and 35% of Bærum) and Aurevann Vannbehandlingsanlegg drawing from the Trehørningsvassdraget watershed (serving 65% of Bærum). A new water treatment plant is under construction at Kattås with expected completion in 2026, which will include color removal technology to address increasing humus levels in Holsfjorden water.

Differentiator

Problem solved

Functional benefit

Products and services

• Holsfjorden Water Treatment Plant (Holsfjorden Vannbehandlingsanlegg) Water treatment facility that draws raw water from Holsfjorden (an arm of Tyrifjorden) and processes it at Kattås in Bærum. Capacity of 5,400 m³/hour, producing 14-20 million m³/year, serving approximately 100,000 people across old Asker municipality and 35% of Bærum's population.
• Aurevann Water Treatment Plant (Aurevann Vannbehandlingsanlegg) Water treatment facility drawing raw water from the Trehørningsvassdraget watershed in Bærumsmarka and Heggelivassdraget in Nordmarka. Capacity of 2,900 m³/hour, producing 8-15 million m³/year, serving approximately 65-70,000 people (about 65% of Bærum's population). Features color removal treatment with UV disinfection and chlorination.
• New Water Treatment Plant at Kattås (Nytt Vannbehandlingsanlegg Kattås) New water treatment plant under construction at Kattås in Bærum, designed to meet future drinking water quality requirements. The plant will feature color removal capability to address increasing color levels in Holsfjorden water. Expected completion in 2026.

Quantifiable outcome

• PFAS levels at 0.8 ng/l (sum of 4 PFAS) well below proposed regulatory limit of 4 ng/l
• +2 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

15 partnerships are on record, tiered core, major, strategic, regulatory and minor.

• NorconsultcoreStrategic or Co-development PartnerNorconsult has been contracted to design/projec the new water treatment plant at Kattås. The project is a major infrastructure investment expected to be completed in 2026.
• Isachsen AnleggmajorStrategic or Co-development PartnerAwarded contract K-203 for sewage/wastewater pipeline and foundation work in March 2021. Completed the pipeline from Kattås to Billingstad.
• Veidekke Entreprenør ASmajorStrategic or Co-development PartnerAwarded contract K-205 for rock and concrete work in April 2022. Responsible for excavation of approximately 150,000 m³ of rock masses.
• Enwa PMI AScoreTechnology or IntegrationAwarded contract K-304 for machinery and process equipment in December 2022 for the new Kattås treatment plant.
• Tratec Solutions AScoreTechnology or IntegrationAwarded contract K-306 for marble loading/unloading equipment in June 2021.
• NLI Elektrosystemer AScoreTechnology or IntegrationAwarded contract K-308 for electrical work in June 2023.
• Infratek Norge AS (OMEXOM)coreTechnology or IntegrationAwarded contract K-309 for high voltage electrical work in June 2023.
• Guard Automation AScoreTechnology or IntegrationAwarded contract K-310 for electrical/automatic process control in March 2023.
• GK Norge AScoreTechnology or IntegrationAwarded contract K-311 for HVAC/plumbing work in March 2023.
• OneCo Technologies AScoreTechnology or IntegrationAwarded contract K-316 for electronic shell protection in June 2023.
• Norsk VannstrategicStrategic or Co-development PartnerABV participates in Norsk Vann's project to map PFAS occurrence in Norwegian drinking water sources since 2019. Also contributes to BARRiNOR and SLAMiNOR research projects.
• GlitrevannverketstrategicStrategic or Co-development PartnerReserve water supply agreement with Glitrevannverket provides backup water to Asker municipality via RGA pipeline (completed 2007) when Holsfjordanlegget is unavailable.
• MattilsynetregulatoryOthersMattilsynet (Norwegian Food Safety Authority) is the approval authority for water utilities. ABV's drinking water is approved by Mattilsynet.
• Oslo kommuneminorStrategic or Co-development PartnerBærum kommune has an agreement with Oslo municipality for emergency water supply.
• VEASminorStrategic or Co-development PartnerWastewater connection point for the sewage pipeline from Kattås to Billingstad.

Scale indicators9 records

Recent moves9 records

Expansion highlights4 records

Others

• Norconsult AS: Norway's largest engineering consultancy, engaged by ABV as designer of the new Kattås treatment plant. Not a utility peer, but a key enabling/infrastructure participant in ABV's capital program and adjacent to ABV's drinking-water value chain.
• Multiconsult ASA: Norwegian engineering consultancy with a significant water-and-environment practice serving municipal water utilities. Comparable ecosystem participant to Norconsult for ABV's drinking-water infrastructure lifecycle.
• NIVA (Norsk institutt for vannforskning): Norway's principal water research institute, frequently partnering with Norwegian water utilities on source-water monitoring, PFAS research, and treatment optimization. Adjacent rather than competitive, but operates in the same Norwegian drinking-water domain as ABV.

Direct peers

• IVAR IKS: Inter-municipal water and wastewater company (IKS) serving municipalities in Rogaland. Closely comparable governance and operating model to ABV — multi-municipal ownership under the Norwegian IKS framework, supplying treated drinking water to multiple kommuner.
• Glitrevannverket: Inter-municipal drinking-water supplier in the Drammen region. Closely comparable to ABV as a Norwegian inter-municipal water utility; ABV already maintains a reserve-supply agreement with Glitrevannverket via the RGA pipeline.
• Trondheim kommune — Vann og avløp: Municipal water and wastewater operations of Trondheim kommune, supplying drinking water from local surface-water sources with multi-barrier treatment. Comparable in role (municipal drinking-water producer/supplier) and exposure to surface-water quality challenges.
• Bergen Vann KF: Municipal water utility owned by Bergen kommune, supplying treated drinking water to households and businesses in Bergen. Comparable in function (municipal drinking-water production and supply) though structured as a kommunalt foretak rather than an IKS.
• VEAS: Inter-municipal wastewater treatment company serving municipalities around the inner Oslofjord. Comparable inter-municipal utility structure to ABV and a known infrastructure partner (wastewater receiving point for ABV's Kattås–Billingstad pipeline).
• Drammen Vann KF: Municipal water utility of Drammen kommune. Operates drinking-water production and supply to households and businesses in the Drammen region; comparable municipal-utility model and surface-water source profile to ABV.
• Oslo Vann- og avløpsetaten (Oslo VAV): Municipal water and wastewater utility serving the City of Oslo. Directly comparable to ABV as a Norwegian municipal drinking-water supplier operating treatment plants and supplying households; ABV even holds an emergency-supply agreement with Oslo kommune.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asker og Bærum Vannverk