Hendrik Veder Group has acquired full ownership of Myhre Rope Services, a company which was originally a 50:50 joint venture between Dutch company Hendrik Veder Group and Aberdeen based ATR Group.

After acquiring full ownership of the joint venture, Hendrik Veder Group will re-name the Norwegian company. Its new name will be: Hendrik Veder Group Norway AS, making it a fully integrated business within the parent company Hendrik Veder Group.

Hendrik Veder Group wishes to thank ATR Group for the positive collaboration.

Hendrik Veder Group Norway AS is based in Stavanger, Norway, a strategic location due to its production and storage capacity as well as the availability of local expertise.