Frydenbø Industri AS represents several brands and companies mainly within marine industry, - with central locations in Oslo, Bergen, Ålesund and Øksfjord. The name Frydenbø is a known brand in Norway with activities in three different areas; marine industry (Frydenbø Industri AS), real estate (Frydenbø Eiendom AS) and cars and leisure boats (Frydenbø AS). In order to have a clearer distinction and focus on the sales and service of SCHOTTEL products, the company Frydenbø Power AS will change its name to Frydenbø SCHOTTEL Nordic AS, handling all SCHOTTEL related sales and service activities. SCHOTTEL has acquired 33% of the shares of Frydenbø SCHOTTEL Nordic AS to support this initiative and emphasize the key role of the Norwegian market for the SCHOTTEL Group.