Investor on to a winner

Published 12/03/2014 | 05:28

Pal Reiulf Olsen, senior partner at Hitecvision, which is now a major shareholder in Suretank.

THERE is little doubt that when Pål Reiulf Olsen decides to invest in a business he wants it to be a success.

And with Suretank, he knows he's on a winner.

Senior Partner in HitecVision, headquartered in Stavanger, the centre of the Norwegian oil and gas industry, with offices in Oslo and Houston, his firm became the majority shareholder in the Dunleer business last year.

He revealed they had checked out the market in advance and found it 'a very attractive proposition' and it was planned to grow the company.

'We are looking at new markets, timely delivery and geographical growth. There is a very robust market going forward,' he said.

Drogheda Independent

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