IPOA

What IPOA does

IPOA is a Norwegian steel contractor that designs, manufactures, and installs load-bearing steel structures for industrial buildings, logistics centers, data centers, defense facilities, and public infrastructure across the Nordic region. Founded in 2011 in Sarpsborg by Per Ove Andersen and now headquartered in Rygge, the company operates a vertically integrated model covering in-house engineering and BIM modeling, direct steel purchasing from mills, production at facilities in Rygge and Rakkestad with annual capacity exceeding 20,000 tons, and its own logistics fleet and assembly crews. The company holds EN 1090 and ISO 3834 certifications, maintains third-party verified Environmental Product Declarations (EPDs), and has delivered BREEAM-certified projects including Norway's first climate-neutral steel building in 2021.

IPOA generates revenue through project-based contracts for large-scale steel structure construction, delivering turnkey solutions to construction contractors (Veidekke, Böttger, Panelbygg), industrial firms, and technology vendors. Pricing is quote-based on project specifications and scope, and is not publicly disclosed. The customer base spans logistics and warehousing (Frode Laursen, Posten og Bring), automotive (Toyota Material Handling, Porsche Center Bergen), retail (Coop), aquaculture (Cermaq), plastics manufacturing (BEFORM), and digital infrastructure (Google, via Nett-Tjenester for data center substation work). GTM is enterprise field sales with direct engagement from initial design through finished installation, supplemented by an Express steel delivery service for time-critical projects.

The company has scaled materially since 2018 capacity investments, expanded operations into Sweden, Denmark, and Iceland by 2023–2024, and entered 2026 with its largest order backlog in company history alongside a new production facility in Vestfold acquired from PCS Construction. Leadership transitioned in 2025 with the appointment of Jon Ola Stokke as CEO, bringing operational management experience from Garda Sikring Group, Ramudden Norge, Norsk Gjenvinning, and BASF. IPOA remains privately held and founder-influenced, with no disclosed institutional, private equity, or venture capital ownership.

Name

IPOA

Legal name

IPOA AS

Website

https://ipoa.no

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

IPOA is a Norwegian steel contractor that designs, manufactures, and installs load-bearing steel structures for industrial, logistics, data center, defense, and infrastructure projects across the Nordic region, serving construction contractors, industrial firms, and technology vendors.

Ownership category

akta.pro rank

Headquarters

HQ city

Rygge

HQ country

Norway

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Steel structure construction services: IPOA generates revenue through designing, manufacturing, and installing steel structures for construction and industry. Services include project planning and consulting, steel structure production, assembly and installation, sustainable steel solutions, and project management with turnkey deliveries. Revenue is project-based, typically involving large-scale construction contracts with contractors, industrial companies, and public sector entities.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

IPOA is Norway's leading steel contractor that designs, manufactures, and installs load-bearing steel structures for industrial buildings, logistics centers, data centers, defense facilities, and infrastructure projects. The company operates its own engineering department, production facilities in Rygge and Rakkestad with 20,000+ tons annual capacity, and dedicated assembly crews, delivering complete turnkey steel structure solutions across the Nordic region.

Product overview

IPOA is Norway's leading steel contractor offering a comprehensive, integrated suite of steel construction services. The core product is the design, production, and installation of steel structures (Stålkonstruksjoner), supported by five interconnected service modules: Project Planning and Consulting, Production, Assembly and Installation, Sustainable Steel Solutions, and Project Management/Turnkey Deliveries. A differentiated service variant is Express Steel Deliveries for urgent projects. Supplementary offerings include Environmental Product Declarations (EPD) and technical reference documents. All services are delivered through IPOA's own engineering, production, and assembly teams, with manufacturing capacity exceeding 20,000 tons annually at facilities in Rygge and Rakkestad, Norway.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 20,000+ tons steel production capacity per year
• +3 more outcomes

Named customers12 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered core and minor.

• PCS ConstructioncoreStrategic or Co-development Partner · 1 January 2026IPOA established a new production facility at Borgeskogen 69 in Vestfold by taking over a large production hall from PCS Construction. PCS will concentrate entirely on surface treatment, which is their core competency. The arrangement creates synergies between the companies and strengthens the Borgeskogen area as a competence center for steel and surface treatment.
• DuozinkminorStrategic or Co-development PartnerDuozink, which provides galvanizing of steel structures, is located on the neighboring property at Borgeskogen. Combined with PCS Construction and IPOA, this creates a strong competence center for steel and surface treatment in the Borgeskogen area.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Astron Buildings: Astron is a European pre-engineered steel building manufacturer serving logistics, industrial, and commercial customers. Comparable to IPOA's core product offering and project-based delivery model across Europe.
• Bosta (Nedsteel/ArcelorMittal Construction): Bosta is a European supplier of pre-engineered steel buildings and steel structures for industrial and logistics applications. Directly comparable to IPOA in product scope, project scale, and customer segment focus.
• Ruukki (SSAB): Ruukki, part of Finnish-Swedish steelmaker SSAB, is a leading Nordic provider of steel structures and building envelopes. It is the most direct comparator to IPOA in the Nordic steel construction market, serving the same logistics, commercial, and industrial segments.
• Lindab Buildings: Lindab is a Swedish steel building manufacturer offering pre-engineered steel structures for industrial, logistics, and commercial buildings. Comparable to IPOA in product offering, delivery model, and Nordic customer base.

Others

• PEAB: PEAB is one of the largest Nordic construction and civil engineering groups, active in Sweden, Norway, and Denmark. Comparable to IPOA's expansion markets and operates as both a potential customer and indirect competitor in industrial/logistics construction.
• Norsk Stål: Norsk Stål is a Norwegian steel distributor and service center. It is comparable as a steel supply-chain participant and adjacent player in the Norwegian steel construction ecosystem, although it operates on the supply side rather than competing as a fabricator.
• Veidekke: Veidekke is a major Norwegian/Swedish construction contractor and a current IPOA customer (via Veidekke Logistikkbygg). Comparable as a Nordic construction player with overlap on logistics and infrastructure projects.
• Skanska: Skanska is a major Nordic construction and real estate developer operating across Norway, Sweden, and Denmark. Comparable as a large-scale Nordic construction player overlapping with IPOA in logistics and public infrastructure segments.
• Zeppelin / Caterpillar (Nordic dealer): Zeppelin is the Nordic Caterpillar dealer and a major supplier of construction equipment and infrastructure services. Comparable as a large industrial ecosystem participant in Nordic construction, though not a direct steel-structure competitor.

Broad incumbents

• Voestalpine Steel Construction: Voestalpine is a major European steel and technology group with a construction steel division. It competes with IPOA in industrial and commercial steel structures but operates at a far larger scale and across more geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ipoa.no
• LinkedInlinkedin.com/company/ipoa
• Instagraminstagram.com/ipoa.no

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 IPOA