Gleipnir

What Gleipnir does

Gleipnir is a specialized manufacturer of lifting, guiding, and handling equipment serving the offshore and marine industries. The company is positioned as a product line within Westcon (www.wcl.no), a Norwegian-headquartered group, with a Polish operating entity (GLEIPNIR SP. Z O.O.) based in Wrocław. Founded in 2007, Gleipnir designs and delivers custom-engineered solutions — including crane blocks, sheaves (notably composite Tufnol sheaves), lead blocks, snatch blocks, and bespoke lifting assemblies — for safety-critical marine and offshore operations. Product development emphasizes custom engineering for project-specific load, geometry, and certification requirements rather than standardized catalog sales.

Gleipnir's portfolio targets four primary end markets: offshore energy (oil & gas), the marine and fishing industry, oceanographic research vessels, and offshore wind energy. Products are certified to the major maritime class society standards — DNV, ABS, Lloyd's Register (LR), Bureau Veritas (BV), and Germanischer Lloyd (GL) — and aligned to NORSOK requirements, enabling use on classed vessels and installations globally. Complementary offerings include the Rigging Cabinet rigging-management system and Swivel Socket components, expanding the product surface beyond core blocks and sheaves.

The business operates on a B2B, sales-led model in which revenue is generated through project-based sales of capital equipment. Each engagement typically runs through specification, custom design, class-society certification, and delivery to enterprise clients such as shipyards, offshore operators, vessel owners, and research institutions. The dual Norway-Poland footprint separates higher-cost engineering and design activities in Norway from cost-competitive manufacturing in Poland, a structure typical of niche European industrial OEMs. No public revenue, headcount, or funding disclosures are available.

Name

Gleipnir

Legal name

GLEIPNIR SP. Z O.O.

Website

https://gleipnir.no

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Gleipnir designs custom lifting, guiding, and handling equipment — crane blocks, sheaves, and bespoke assemblies — for offshore energy, marine, oceanographic research, and wind sectors. Operates as a Westcon product line with engineering in Norway and manufacturing in Poland.

Ownership category

akta.pro rank

Product category

Offshore and Marine Lifting Equipment

NAICS

Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB)

akta.pro secondary industry

Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)

Keywords

• Offshore lifting equipment
• Marine handling equipment
• Crane blocks
• Lead sheaves
• Subsea lifting solutions

Headquarters

HQ city

Wroclaw

HQ country

Poland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Lifting Equipment Sales: Direct sales of lifting, guiding, and handling equipment to offshore, marine, and research vessel operators. Products include crane blocks, sheaves, lead blocks, snatch blocks, and custom solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Gleipnir designs and produces specialized lifting, guiding, and handling equipment for the offshore and marine industry. Its product portfolio includes crane blocks, swivel hooks, reeve blocks, manrider blocks, snatch blocks, subsea blocks, trawl blocks, lead sheaves (horizontal, vertical, pivot, and flag), composite sheaves, custom lead blocks, and custom-engineered solutions such as subsea baskets, lifting beams, trolleys, jib cranes, swivel sockets, and rigging cabinets. All products are designed for harsh marine environments and comply with international classification society standards (DNV, ABS, LR, BV, GL, NORSOK).

Product overview

Gleipnir is a product line of Westcon specializing in lifting, guiding, and handling equipment for the offshore and marine industry. The product portfolio consists of four main categories: Loose Gear (including crane blocks, swivel hooks, reeve blocks, snatch blocks, subsea blocks, trawl blocks, and custom lead blocks); Lead Sheaves (horizontal, vertical, pivot, and flag type lead blocks plus custom designs); Sheaves (standard, crane/heavy duty, composite, and trawl sheaves); and Custom Products (subsea baskets, lifting beams, trolleys, pipe clamps, man riding baskets, jib cranes, swivel sockets, and rigging cabinets). Additionally, Gleipnir offers specialized Research/Oceanographic equipment for research vessels including oceanographic handling systems with snatch blocks, composite sheaves, lead blocks, moonpool lead blocks, docking heads, and complete winch room arrangements. All products are designed for demanding offshore and marine environments with compliance to international standards and class society requirements.

Differentiator

Problem solved

Functional benefit

Products and services

• Crane Block Heavy-duty lifting blocks designed for offshore crane operations, engineered to handle extreme loads with high-durability sheaves for offshore energy and marine customers.
• Swivel Hook Swiveling hooks for offshore crane applications, enabling safe rotation under load with MBL ranging from 10 to 400T.
• Reeve Block Blocks designed for wire reeving operations, facilitating smooth wire routing through the block system on offshore vessels.
• Manrider Block Specialized blocks designed for personnel lifting operations on offshore vessels, meeting safety requirements for man-riding applications.
• Snatch Block Quick-opening blocks designed for easy wire installation and removal, commonly used in offshore lifting operations.
• Subsea Block Heavy-duty blocks designed for subsea lifting operations, engineered to withstand challenging underwater environments.
• Trawl Block Blocks specifically designed for trawl fishing operations on fishing vessels, handling trawl wires and ropes.
• Guidewire Shackle Specialized shackles designed for guidewire applications, providing secure connection points in offshore lifting systems.
• Banana Block / Roller Sheave Bent or curved blocks designed for guiding wires around obstacles, commonly used in marine and offshore applications.
• Custom Lead Block Custom-designed lead blocks tailored to specific customer requirements for lifting operations in offshore and marine environments.
• Horizontal Lead Block Lead blocks oriented horizontally, used for guiding wires and cables in offshore lifting and handling operations.
• Vertical Lead Block Lead blocks oriented vertically for vertical wire guidance in offshore marine applications.
• Pivot Lead Block Rotating lead blocks designed for pivot movement, providing flexibility in wire routing applications.
• Flag Lead Block

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• WestconcoreOthersGleipnir is a product/brand of Westcon (www.wcl.no). Westcon owns and distributes Gleipnir lifting, guiding, and handling equipment within the offshore and marine industry. Contact email [email protected] indicates direct integration with Westcon operations.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Konecranes: Global industrial crane manufacturer with marine and offshore crane product lines including port and shipyard cranes. Much broader industrial focus but overlapping heavy-lifting crane equipment for marine and offshore use cases.
• Bridon-Bekaert: Global manufacturer of wire rope and synthetic rope lifting solutions serving marine, crane, and offshore applications. Comparable lifting products at larger scale, with complementary product scope to Gleipnir's sheaves and blocks.
• NOV (National Oilwell Varco): Global oilfield equipment and offshore engineering major with marine cranes, winches, and lifting systems as part of a much broader portfolio. Overlaps with Gleipnir in offshore lifting equipment but operates at far greater scale and scope.

Direct peers

• The Crosby Group: Global manufacturer of lifting and rigging hardware including marine blocks, shackles, hooks, and wire-rope accessories. Direct competitor in marine and offshore lifting hardware, with similar class-society approvals.
• Huisman: Dutch manufacturer of heavy offshore cranes, subsea lifting equipment, and marine deck machinery for offshore wind, oil & gas, and naval applications. Highly comparable scope of heavy-duty lifting products for offshore and marine use cases.
• Van Beest / GreenPin: Dutch manufacturer of marine shackles, hooks, and rigging hardware widely specified by offshore and marine operators. Directly comparable for marine connecting and lifting hardware with similar MBL ratings.
• Harkness Industries: US-based manufacturer of sheaves and blocks for cranes, marine, and aerospace applications. Direct competitor in specialty sheaves, crane blocks, and engineered lifting components for marine/offshore environments.
• TTS Group (Cargotec Marine): Norwegian-origin marine deck machinery and cargo-handling equipment maker with strong focus on offshore and shipyard customers. Direct competitor in marine deck machinery, hatch covers, and lifting equipment.
• Petersen Stainless Rigging: UK manufacturer of stainless steel marine rigging, blocks, and deck hardware for sailing superyachts, commercial marine, and offshore. Comparable in marine deck hardware and engineered rigging solutions.
• MacGregor: Part of Cargotec/Hiab and a leading global supplier of marine cargo handling cranes, deck machinery, and offshore load-handling systems. Directly comparable to Gleipnir in marine lifting equipment and offshore vessel outfitting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gleipnir-as

Revenue estimate

Valuation estimate

Number of profiles

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 Gleipnir