How it started
1841 to 2002: Evolution of Aker Kvaerner
Aker Solutions derives from a series of start-ups and mergers of Norwegian companies across the 19th, 20th and 21st centuries.
In 1841, Aker established its first workshop along the Aker river in Oslo, called Aker Mechanical Workshop (Aker Mekaniske Verksted).
Kværner Brug was founded in Oslo in 1853. In 1943, Kværner Brug and partner Myrens Verksted jointly acquired a majority shareholding in Thunes Mekaniske Verksted.
Joint holding company Kværner Industries AS was established in December 1967, listing on the Oslo Stock Exchange. The Kværner Group entered the offshore oil and gas market from its base in Oslo, and Kværner Engineering, an engineering and contracting company, was set up in the late 1960s.
In 1993, construction work began at the Guantanamo Bay detention camp through jointly owned subsidiary, Kværner Process Services Inc. (KPSI), initiating a business partnership with the US Department of Defense that lasted until 2006.
From Wikipedia’s article on Aker Solutions, shared under CC BY-SA 4.0.2