Vestec

What Vestec does

Vestec AS is a privately held Norwegian industrial equipment distributor and integrator founded in 2000, headquartered in Klepp Stasjon near Stavanger. The company designs, supplies, services, and rents compressed air systems, gas treatment solutions (CO2, H2, N2, O2, CNG, He), vacuum systems, and industrial cleaning equipment. Its portfolio spans compressor systems from 2.2 kW screw units up to 7 MW and 1000 bar installations, proprietary dryers (including the H2-DRY hydrogen adsorption dryer and R-DRY series up to 10,000 m³/hour), the Mega-Air VXX 300 oil-free piston compressor certified to ISO 8573 1-2-1, and small-scale CO2 liquefaction units (80 kg/hour). A proprietary offering is AIRNET, a cloud-based IoT monitoring system that communicates via BUS protocols across all compressor brands and is sold as the company's digital differentiator.

The company monetizes through four revenue streams: capital equipment sales (core revenue), rental and leasing, recurring service and maintenance under ServiceBASE agreements with 24/7/365 support, and energy analysis / EBS optimization services offered free to contract customers. Vestec operates a sales-led go-to-market across Norway, Sweden, Denmark, Finland, and Iceland, with a wholly owned subsidiary (Vestec D.O.O.) in Ljubljana, Slovenia, supplemented by a B2C/B2B webshop for standard accessories and distribution partnerships with Omega-Air, Almig Kompressorer, SCC Kompressorer, PVR Vacuum Design, Atmos, Waterkracht, and Genesis Biosciences. Customers span industrial manufacturing, food and beverage, gas processing, agriculture/dairy, and cleaning/maintenance segments, with named enterprise clients including AGJV (Follo Line Project), NOT Overflatebehandling, Tau Mek Verksted, and food-grade CO2 users.

Operationally, Vestec runs a lean organization with 11-50 employees plus access to 50-60 contract engineers for complex projects, claims the largest compressor warehouse in the Nordics (100+ units in stock), and holds ISO 9001:2015 certification, Achilles UNCE and StartBANK supplier qualifications, and patents on the Boiling Hot Water Technique and STC components used in its WeedMaster line. The CEO since 2017 is Stian Osmundsen (17 years with the company prior), with Kjell Simensen as CSO.

Name

Vestec

Legal name

Vestec AS

Website

https://vestec.no

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Vestec AS is a Norwegian industrial equipment distributor and integrator supplying compressed air systems, gas treatment solutions, vacuum systems, and cleaning equipment to manufacturing, food-and-beverage, and industrial customers across the Nordic region and Slovenia.

Ownership category

akta.pro rank

Product category

Industrial Compressed Air and Gas Equipment

NAICS

Pump and Compressor Manufacturing (33391), Air and Gas Compressor Manufacturing (333912)

SIC

Pumps & Pumping Equipment (3561), Oil & Gas Field Machinery & Equipment (3533), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Pump & Compressor Packages (Skids, Booster Sets) (IMAHANAG)

akta.pro secondary industries

Natural Gas Compressor Station Operations & Services (TLAGACAD), Industrial Cleaning & Environmental Equipment Rental/Leasing (Vacuum Trucks, Dust Control, Dehumidifiers) (TLABAFAK), Specialty Deep Cleaning (Duct/Kitchen Exhaust/Pressure Washing) (IMAIADAN)

Keywords

• Compressed air systems
• Industrial gas solutions
• Compressor manufacturing
• Gas treatment equipment
• Industrial cleaning machines

Headquarters

HQ city

Klepp Stasjon

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Sales: Sale of compressors (up to 7 MW and 1000 bar), gas treatment equipment, vacuum systems, industrial cleaning machines, and related accessories. Standard products up to 75kW available from stock, larger machines made to order.
2. Rental and Leasing: Rental of compressors and equipment. Equipment rental service available for flexible customer needs.
3. Service and Maintenance: ServiceBASE system for planned maintenance, service agreements, and spare parts. Preventive maintenance with documented service. 24/7 support availability.
4. Energy Analysis Services: Compressed air consumption analysis and efficiency optimization services. Free analysis for contract customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Vestec AS designs, supplies, and services industrial compressed air systems (compressors up to 7 MW and 1000 bar), gas treatment solutions (dryers, generators, liquefaction units for CO2, H2, N2, O2, CNG, He), vacuum systems, and industrial cleaning equipment. The company delivers turnkey installations including energy analysis, system engineering, equipment supply, and ongoing preventive maintenance under the ServiceBASE service program.

Product overview

Vestec is an industrial equipment company offering a comprehensive portfolio centered on compressed air, gas systems, and industrial cleaning solutions. The core product line includes AIRNET (proprietary IoT monitoring system for real-time compressor monitoring via cloud), compressor systems ranging from 2.2-160 kW up to 7 MW and 1000 bar, gas solutions (CO2, H2, N2, O2, CNG, He) including dryers and liquefaction units, PVR vacuum systems, and industrial cleaning equipment. Services include compressed air analysis, preventive maintenance (ServiceBASE), equipment rental, and an e-commerce webshop. Products are sold primarily to industrial customers across Nordic countries with some sales in Slovenia, supported by a large inventory of 100+ compressors enabling rapid delivery.

Differentiator

Problem solved

Functional benefit

Brands

• AIRNET: Real-time monitoring system for compressor systems, enabling cloud connectivity and remote monitoring of equipment.

Products and services

• Compressor Systems Complete compressor systems for air and gas applications ranging from 2.2-160 kW (VFD) up to 7 MW and 1000 bar. Includes oil-free piston compressors, screw compressors, variable frequency compressors, and diesel portable compressors. Sold to industrial customers with up to 10-year warranty options.
• AIRNET System Monitoring Real-time IoT monitoring system for compressor systems that transfers data to the cloud, providing continuous measurement of critical values, historical data analysis, and maintenance planning. Universally designed to communicate with all equipment brands using BUS communication protocols. Includes S-MODUL, XL-MODUL, SWITCH MODUL, and Gateway with WiFi/eSIM connectivity.
• H2-DRY Hydrogen Dryer Heat-regenerated hydrogen adsorption dryer for continuous separation of water molecules from compressed hydrogen. Models H2-R-DRY (5-11 bar) and H2-HP-R-DRY (up to 50 bar) with pressure dew points from -25 to -70°C. Custom-designed for hydrogen applications.
• SKID Nitrogen Generator Skid-mounted nitrogen generator with plug-and-play installation producing nitrogen purity of 96-99.999%. Complete system including compressor, filters, activated carbon tower, pressure vessel, dryer, and nitrogen generator.
• Gas Solutions (CO2, H2, N2, O2, CNG, He) Complete gas handling systems for carbon dioxide, hydrogen, nitrogen, oxygen, compressed natural gas, and helium. Includes dryers, purifiers, liquefaction units, and gas purification systems for various industrial applications.
• R-DRY Adsorption Dryers Heat-regenerated adsorption dryers for compressed air and gases, including high-pressure applications up to 400 bar. R-DRY 10000 model has capacity of 10,000 m³/hour.
• PVR Vacuum Systems Vacuum systems distributed under agreement with PVR Vacuum Design, including dry screw vacuum pumps, vacuum chambers, thermoforming machines, deaeration systems, tapping systems, and freeze drying equipment for food, chemical, pharmaceutical, packaging, electrical, and medical industries.
• Industrial Cleaning Machines Complete range of cleaning equipment including floor scrubbers, high-pressure washers, parts washers, ultrasound cleaners, filtering systems, and weed control machines. Sold through own webshop and direct channels.
• IBIX Problaster Sandblasting Equipment Lightweight aluminum sandblasting equipment for industrial applications, sold with accessories, protective equipment, and compatible compressors in the Rogaland region of Norway.
• WeedMaster Weed control equipment using Boiling Hot Water Technique for environmentally friendly weed killing without chemicals. Features ECO burner for minimal emissions and low water consumption. Targets municipalities and industrial applications.
• Mega-Air VXX 300 Oil-Free Compressor Oil-free piston compressor for 100% continuous duty with S1 classified motor. Delivers compressed air per ISO 8573 1-2-1 (food-grade standard). 90L stainless steel tank, 400V and 230V options, noise cabin reducing to 62 dB(A). Targeted at dairy robots, laboratories, and food-grade applications.
• Biosan Rapide WT Bactericidal odor control product for dirty water tanks in floor scrubbers. Natural antimicrobial product developed from essential oils and plant extracts, destroying >99.9% of bacteria overnight. Supplied in boxes of 30 single-use sachets.
• LD 500 Leakage Detector Ultrasound detector for identifying and estimating leak savings in compressed air systems. Features built-in camera for capturing leak images with location guidance and full reports for leak remediation.
• ServiceBASE Maintenance Service Service agreement management interface providing detailed equipment descriptions, all valid agreements, preventive maintenance planning, and documentation. Links Vestec with customers for service follow-up with 24/7/365 support.
• Service and Maintenance Complete service offerings including maintenance, repair, and rental of compressors, industrial washing machines, and other industrial equipment. Service agreements include preventive maintenance and documented service.
• Compressed Air Analysis Energy analysis and optimization services for compressed air systems using EBS (Energy Balance System) measurements, leak detection, and efficiency improvements. Free analysis available for contract customers with documented ~30% energy cost savings.
• Equipment Rental Rental services for compressors and industrial equipment to meet temporary or short-term customer needs across Nordic markets.

Quantifiable outcome

• Up to 30% reduction in energy costs for compressed air systems
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered strategic, minor and core.

• PVR Vacuum DesignstrategicChannel Partner/ Reseller/ Distributor · 1 June 2023Distribution agreement for vacuum systems. PVR has produced vacuum systems for over 50 years with broad product range including vacuum chambers, thermoforming machines, food packaging systems, and medical applications. Makes Vestec a more complete supplier.
• Atmos ChrástminorChannel Partner/ Reseller/ Distributor · 1 June 2017Distribution agreement for portable compressors (2-25 m3/min). Atmos is located in Czech Republic and has produced compressors since 1899. Innovative and modern products manufactured in Europe at attractive prices.
• Omega-AircoreStrategic or Co-development PartnerMain supplier partner for air and gas treatment solutions including adsorption dryers, CO2 dryers, and custom drying solutions. Together with Omega-Air, Vestec has developed and delivered dryers up to 400 bar. Co-development of CCUS (Carbon Capture, Utilization and Storage) systems.
• Almig KompressorercoreStrategic or Co-development PartnerMain supplier of compressor systems including Variable frequency compressors and GEAR series. Partnership for supplying Follo Line Project and other major installations.
• SCC KompressorercoreStrategic or Co-development PartnerMain supplier partner for compressor systems. Part of the supplier network enabling 50-60 engineers to handle complex projects.
• Genesis BiosciencesminorChannel Partner/ Reseller/ DistributorSupplier of Biosan Rapide WT bactericidal odor control products for industrial cleaning applications. Global leader in nature-based germicides.
• WaterkrachtminorChannel Partner/ Reseller/ DistributorSupplier of WeedMaster products using Boiling Hot Water Technique® for chemical-free weed control. Patented technology for environmentally friendly weed elimination.
• IPCminorChannel Partner/ Reseller/ DistributorSupplier of industrial cleaning equipment including spray bottles, foam applicators, and professional cleaning tools.
• ENOVAminorOthersNorwegian government energy support organization providing funding support for environmentally friendly investments in energy efficiency. Vestec can assist customers in obtaining ENOVA support for their energy-saving investments.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Pneumatech: Atlas Copco-owned gas generation and treatment specialist producing dryers, nitrogen generators, and air treatment; directly comparable to Vestec's gas solutions portfolio.
• Atlas Copco: Global leader in compressors, vacuum solutions, and air treatment with a major Nordic presence; competes with Vestec across most product lines but offers a much broader portfolio including power tools and assembly solutions.
• Ingersoll Rand: Global compressor and vacuum equipment supplier serving industrial customers across Europe; directly overlaps with Vestec's core compressed air business while also offering broader fluid handling and flow control portfolios.
• Parker Hannifin Industrial Gas Solutions: Global industrial gas generation and filtration manufacturer with broad portfolio including nitrogen and oxygen generators; competes with Vestec in on-site gas generation for industrial customers.

Direct peers

• Bauer Kompressoren: Specialty manufacturer of high-pressure compressors and gas compressors (breathing air, natural gas, biogas); directly competes with Vestec's gas compressor offerings up to 1000 bar and 7 MW.
• Boge Kompressoren: German manufacturer of oil-injected and oil-free compressors and air treatment equipment; comparable mid-sized European compressor specialist competing for Nordic industrial customers.
• Kaeser Kompressoren: German manufacturer of rotary screw and oil-free compressors with strong European and Nordic distribution; directly competes with Vestec's compressor systems business and offers similar energy efficiency analytics.
• Almig Kompressorer: Core supplier partner of Vestec for compressor systems including VFD and GEAR series; competes as an independent compressor manufacturer and could bypass Vestec through direct Nordic sales.

Regional players

• SCC Kompressorer: Danish compressor systems distributor and partner to Vestec; serves overlapping Nordic industrial customers with similar compressor and service offerings.

Others

• Omega-Air: Slovenian compressed air and gas treatment equipment manufacturer and core partner to Vestec; provides dryers and treatment solutions that Vestec integrates and resells.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@vestecas
• Facebookfacebook.com/vestec.no
• LinkedInlinkedin.com/company/2794708

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 Vestec