RadøyGruppen

What RadøyGruppen does

RadøyGruppen AS is a family-owned Norwegian industrial fabrication company, founded in 1969 as Radøy Mekaniske Verksted A/S and headquartered in Sæbøvågen in Vestland county. It operates as a vertically integrated one-stop-shop manufacturer, delivering projects from engineering and cutting through welding, machining, assembly, surface treatment, and pressure testing to a finished product handed over the quay. All production takes place indoors in climate-controlled halls, with infrastructure that includes 13,000 sqm of indoor production space, 200-ton indoor crane capacity, capability to handle units up to 1,000 tonnes, and 315 meters of combined deepwater quay across its Vetås and Mangerøy sites. The Mangerøy facility is ISPS-approved for direct vessel interface, and the company is certified across ISO 9001, ISO 14001, ISO 45001, ISO 3834-2, NS-EN 1090 + A1, and FROSIO-GuiD-CP.

The company's revenue mechanics are project-based B2B contracts in oil & gas (its primary vertical since the 1970s, specializing in subsea SURF and SPS), aquaculture (since the 1990s), renewable energy (offshore wind, CO2 storage), maritime (vessel maintenance and conversion), and defense. Pricing is custom-quoted against scope of work rather than tiered. Go-to-market is direct enterprise sales led by a sales manager, with no channel partners; the Mangerøy deepwater quay is also offered as a stand-alone rental product for vessel service, mobilization, and storage. The business is funded entirely through family ownership with no external private equity or institutional investment identified, and is supported by a long-running apprenticeship program that has produced 100+ trade-certified workers since 1986.

Name

RadøyGruppen

Legal name

RadøyGruppen AS

Website

https://radoygruppen.no

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Short description

Family-owned Norwegian industrial fabricator providing vertically integrated welding, machining, assembly, engineering, surface treatment, and testing, plus an ISPS deepwater quay, for subsea, oil & gas, aquaculture, renewable, maritime, and defense clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Sæbövagen

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Manufacturing Services: Project-based custom manufacturing services for steel structures, subsea equipment, and industrial components. Services include welding, machining, assembly, surface treatment, engineering, and testing. Revenue generated through one-time project contracts with delivery over quay.
2. Deepwater Quay Rental: Rental of deepwater quay facilities at Mangerøy for vessels during service, maintenance, waiting periods, or mobilization/demobilization of equipment. Includes access to power, waste handling, and sewage pumping.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

RadøyGruppen AS is a Norwegian industrial manufacturer that delivers custom-fabricated steel structures, subsea equipment (umbilicals, risers, flowlines, subsea production systems), topside constructions, and aquaculture installations on a project basis. All work — engineering, cutting, welding, machining, assembly, surface treatment, and pressure testing — is performed indoors in climate-controlled facilities and delivered 'over the quay' to clients in the oil & gas, aquaculture, renewable energy, maritime, and defense sectors. The company also rents out an ISPS-approved 105m deep-water quay at Mangerøy for vessels and equipment mobilization.

Product overview

RadøyGruppen is an industrial production enterprise offering a comprehensive suite of manufacturing and engineering services from a single provider — a 'one stop shop' model. Services include welding (Sveising), machining (Maskinering), cutting (Tilskjæring), assembly (Sammenstilling), engineering & project planning (Engineering og prosjektering), surface treatment (Overflatebehandling), and assembly & testing (Montasje & testing). A deep-water quay rental (Dypvannskai) is also offered. All production is performed indoors at modern facilities on Vetås and Mangerøy in Vestland, Norway, with in-house engineering teams working alongside craftsmen to deliver projects from design through to finished, tested products delivered over the quay. The company serves the oil & gas, aquaculture, renewable energy, maritime, and defence sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Welding (Sveising) Welding services covering carbon steel, stainless steel, duplex, super duplex, 6Mo, and titanium, using MIG, TIG, electrode, and FCAW methods, including orbital welding for small-bore pipes in high-pressure and high-purity applications, delivered in a modern climate-controlled workshop for clients in energy, maritime, aquaculture, and defense.
• Machining (Maskinering) CNC and manual precision machining of complex components across a wide range of materials, from small lathes and mills to large machining centres (DOOSAN, TOS VARNSDORF, BOEHRINGER, OKUMA, WOTAN), including series production, prototyping, and quality control for industrial clients.
• Assembly (Sammenstilling) Assembly and integration of cut parts into structures and systems in spacious indoor halls with high crane capacity, handling units up to 1,000 tonnes, with full documentation and traceability.
• Cutting (Tilskjæring) Advanced plate processing using CNC laser cutting, waterjet cutting, and plasma cutting, plus bending, stamping, and fitting for further production, all performed indoors in climate-controlled facilities.
• Engineering and Project Planning (Engineering og prosjektering) In-house engineering and project management from design to completion, with structural analysis, load case evaluation, and close collaboration between engineers and workshop craftsmen under one roof, providing a seamless and efficient process from idea to finished delivered product.
• Surface Treatment (Overflatebehandling) Indoor surface treatment including degreasing, sandblasting, mechanical cleaning, FROSIO-certified inspection, CTP (Coating Procedure Test) testing, NORSOK M-501 paint systems, and Xylan coatings for corrosion resistance in demanding offshore and subsea environments.
• Assembly and Testing (Montasje & testing) Assembly, pipe and instrument tube installation, and comprehensive testing including pressure testing, function tests, FAT, EFAT, and SIT, using proprietary safe high-pressure testing systems with risk-assessed three-step procedures.
• Deep-Water Quay Rental (Dypvannskai) Deep-water quay rental at Mangerøy with 105m of quay length, ~9.4m water depth, ISPS-approved harbour, 23,000 sqm site area, and 40,000 sqm outdoor storage, providing logistics solutions for vessel and equipment mobilization, service, waiting periods, and storage, with access to power, waste handling, and sewage pumping.

Quantifiable outcome

• All production performed indoors in climate-controlled facilities ensuring consistent quality regardless of weather or season
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators10 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Aibel: Norwegian engineering, fabrication, and maintenance provider for offshore platforms, modules, and onshore process plants. Comparable in scale and scope as a domestic subsea/topside fabrication and lifecycle services peer in the Norwegian offshore cluster.
• Aker Solutions: Norwegian-headquartered supplier of subsea SURF/SPS, modules, and fabrication services to oil & gas and offshore renewables. Directly comparable as a Norwegian subsea fabricator serving the same offshore customer base with similar steel-structure and module offerings.
• TechnipFMC: Integrated subsea equipment and services provider with subsea trees, manifolds, and SURF capabilities. Comparable as a manufacturer/supplier of subsea production and SURF equipment and a customer for fabrication services.
• DOF Subsea: Norwegian-headquartered subsea IMR, installation, and project services operator. Comparable as a subsea customer and as an adjacent participant in the subsea SURF/IMR value chain serving Norwegian operators.
• Subsea 7: Global subsea contractor delivering SURF, pipelay, and subsea construction services. Comparable as a customer of subsea fabrication supply and as a competitor for subsea equipment and integrated delivery scope.
• Ulstein: Norwegian shipbuilder and ship design specialist for offshore, wind, and expedition vessels. Comparable as a Norwegian maritime MRO, retrofit, and conversion peer serving offshore wind and vessel operators.
• Westcon Yards: Norwegian shipyard group with fabrication, conversion, and MRO capabilities for offshore and offshore wind vessels. Comparable as a Norwegian industrial fabrication peer with quay infrastructure and similar offshore customer base.

Regional players

• Storvik AS: Norwegian industrial manufacturer of steel structures, pressure equipment, and process modules for oil & gas, aquaculture, and marine customers. Comparable as a Norwegian regional steel fabrication peer with overlapping customer verticals.
• SMO AS: Norwegian offshore services company providing subsea and topside maintenance, modification, and operations support. Comparable as a regional Norwegian peer in offshore MRO and modification services.
• Helmer Offshore: Norwegian-based supplier of offshore equipment and services with fabrication and engineering scope. Comparable as a regional Norwegian subsea/offshore fabricator competing for similar project-based fabrication work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Customer concentration

• Facebookfacebook.com/radoygruppen
• LinkedInlinkedin.com/company/rad-ygruppen
• TikToktiktok.com/@radoygruppen

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 RadøyGruppen