Rolls-Royce completes Bergen Engines sale

Engineering giant Rolls-Royce has completed the sale of one of its businesses based in Norway.

In August, the firm, which has its civil aerospace and defence divisions in Derby, signed an agreement to sell Bergen Engines to global engineering group Langley Holdings plc for an enterprise value of 63 million euros.

Now, the company has confirmed that the deal is complete, following the conclusion of work to separate the business from the Rolls-Royce group.

Bergen Engines, which specialises in medium speed liquid fuel and gas engines, employs more than 900 people worldwide, including 650 in the main factory in Hordvikneset.

The sale includes the factory, service workshop and foundry in Norway, engine and power plant design capability and a global service network spanning more than seven countries.

The sale is part of Rolls-Royce’s ongoing strategy to create a “more focused group” and contributes towards the firm’s target to generate at least £2 billion from disposals.