Shaping the future of ocean industries

Nekkar is a long-term owner of technology companies within ocean-based industries. The company invests along structural megatrends such as sustainable oceans, robotics and intelligent logistics, and digitalisation. With a 50-year industrial legacy from Syncrolift, Nekkar applies an active buy-to own strategy to build sustainable value.

About Nekkar

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NOK

About Nekkar

Engineering growth, shaping the future

At a glance

Nekkar is a long-term owner of technology companies within ocean-based industries.

Diversified exposure across four end-markets

Nekkar drives innovation in defence, aquaculture, offshore energy, and maritime

Maritime

35%

Defence

33%

Aquaculture

19%

Offshore energy

13%

Percentages refer to share of pro-forma revenue 2024 including FiiZK and Globetech full-year.

Disciplined growth through a buy-to-own model

Combining a strong balance sheet with a portfolio spanning mature market leaders and growing businesses.

Why invest?

INVESTMENT CASE

Industrial mindset

Active industrial owner with deep operational, engineering, and digitalization competence.

Proven track record of transforming and scaling industrial technology companies.

Profitable group of operating companies providing a solid base for continued value creation.

Strong financial position and flexibility

Robust balance sheet with no interest-bearing debt and solid cash flow generation.

Financial capacity to fund organic growth and pursue value-accretive M&A.

Disciplined capital allocation ensuring resilience and long-term value creation.

Exposure to high-growth megatrends

Strategic focus on sustainable oceans, digitalization, and robotics & intelligent logistics.

Positioned to benefit from structural shifts toward digitalisation, automation, and sustainability.

Established platform for growth

Diversified portfolio with strong market positions in aquaculture, defence, offshore energy, and maritime.

Extensive offshore legacy and network leveraged to expand into adjacent ocean-based sectors.

Experienced, multidisciplinary team and group network supporting operational improvement and innovation.

Long-term ownership and listed flexibility

Industrial owner with a long-term perspective and flexible mandate for capital deployment.

Listed company providing access to capital markets and liquidity for growth initiatives.

Committed to profitable growth and sustainable returns for shareholders.

Operating companies

OUR COMPANIES

Syncrolift

79% of Nekkars revenue in 2024

Market-leading provider of shiplifts and ship transfer systems for shipyards and naval projects.

Operating company

Intellilift

7% of Nekkars revenue in 2024

Delivers industrial software solutions that digitalise workflows through automation and remote-controlled systems for drilling and offshore load handling

Operating company

Techano Oceanlift

10% of Nekkars revenue in 2024

Develops intelligent load handling and lifting equipment, including motion-compensated cranes and fish transfer systems, for offshore renewables, energy and aquaculture

Operating company

Globetech

15% of Nekkars revenue in 2024*

Provides ICT infrastructure, connectivity, and cybersecurity services to the global maritime sector

Operating company

* Annualized pro forma revenue

FiiZK

Aquaculture supplier focused on closed and semi-closed fish cages with associated software, maintenance and services

Associated company
below 50% ownership

SkyWalker

A wind turbine installation and service tool under development to reduce cost and environmental footprint of offshore wind operations

Impact technology ventures

Megatrends fueling our growth

INVESTMENT THEMES

Sustainable oceans

The world depends on healthier, more productive oceans. Global demand for renewable offshore energy and sustainable food production is accelerating, alongside stricter environmental standards.

Nekkar supports this transition by developing technologies that reduce emissions, improve efficiency, and enable sustainable growth in marine industries such as offshore wind and aquaculture.

Robotics & intelligent logistics

Automation is transforming how industries operate. Labor shortages, cost pressures, and the need for safer, more precise operations are driving the adoption of robotics and intelligent logistics solutions.

Nekkar applies its deep expertise in advanced mechanics and motion control to create automated systems that optimize complex operations in shipyards, offshore installations, and beyond.

Digital solutions & automation

Digitalization is redefining productivity. From simulation and digital twins to data-driven decision-making, digital tools are unlocking new ways to plan, execute, and optimize industrial processes.

Nekkar integrates these technologies across its portfolio to deliver smarter, more efficient, and scalable solutions for customers in ocean-based industries.

Global footprint

From the coast of Kristiansand to strategic hubs in Asia and the Middle East, Nekkar leverages a truly global operational footprint. With subsidiaries and project execution in Norway, the USA, Singapore, India, and Australia—and hands-on delivery from Dubai to Mumbai—our reach spans the ocean-based industries we serve.

Employees by location

Kristiansand (HQ)

Intellilift, Techano Oceanlift, Globetech.

Vestby

Syncrolift

Trondheim

FiiZK

Singapore

Syncrolift

Dubai

Syncrolift

India

Syncrolift

Our strategy

Growth strategy

Buy-to-own model with industrial discipline

Nekkar acquires and develops technology companies for the long-term. Value creation is driven by reinvestment, operational improvement, and disciplined execution.

Profitability and cash flow as growth foundations

Growth is built on solid earnings, strong cash flow generation, and disciplined capital allocation. This ensures flexibility to invest in innovation, expansion, and selective acquisitions.

Diversified portfolio across maturity stages

Our portfolio combines established, cash-generating businesses such as Syncrolift with growth platforms like FiiZK. This multi-stage approach provides stability while capturing disruptive, high-growth opportunities.

Pioneering digital assets investments since 2014

2014

Launch of the first regulated bitcoin fund

2016

Acquire XBT Provider from Accel Ventures backed mining group

2017

AuM grows to $1.5bn

2018

Diversified XBT Provider from Sweden into Germany

Custody JV with Nomura and Ledger to protect long term of growth of AM

2020

New ETP team joins from ETF Securities / WisdomTree

2021

CSIL lists on Nasdaq First North Growth Market

Acquisition of Elwood Equity Index business resulting in partnership with Invesco

Acquisition of Napoleon Crypto

AuM grows to $6.5bn

2022

Strategic investment in Swiss bank, Flowbank, approved by FINMA

Uplisting to Nasdaq Stockholm’s main market

2023

Launch of Hedge Fund Solutions

2024

US expansion with the acquisition of Valkyrie Funds

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Story

Our history

1966-1975

Emerging from a small family enterprise producing cranes, Total Transportation Systems was established in 1966. Later, the name was shortened to TTS. Today our name is Nekkar. TTS became the first Norwegian company to act on the improved relations between China and the West.

1976-1985

The delivery of cargo handling solutions to a car carrier in 1984 marked the beginning of a climb to a world-leading position as provider of access system for this highly specialized segment.

1986–1995

After years of dwindling order intake due to a declining Norwegian shipbuilding industry, large contracts in 1988 marked a new turning point. TTS was listed on Oslo Stock Exchange in 1995.

1996–2005

An acquisition in 1996 kicked off a period of acquisition-driven growth. Target segments, product portfolio and operations were heavily expanded.

2006–2018

The drilling package provider Sense EMD was aquired and sold on to Cameron with a sound profit. Nekkar became the leading player in the heavy-lift market and a network of service hubs were set up. Operations in China and Korea were strengthened.

2019-2023

A major part of the company’s activities was sold to MacGregor, and the company was renamed Nekkar. A new strategic direction was established to leverage the group’s engineering, electrification, automation, and digitalisation heritage to develop sustainable, high-growth technologies.

Today

Nekkar is an industrial long-term owner of technology companies within ocean-based industries. The group combines deep domain expertise with disciplined and flexible ownership to build profitable, sustainable businesses in sectors such as aquaculture, offshore energy, defence, and renewables.