BERGEN ENGINES SOLD TO LANGLEY HOLDINGS IN £91M DEAL

angley Holdings has completed the acquisition of the Norwegian Bergen Engines group from Rolls-Royce for a consideration of €91 million. In addition, €16 million of cash held within Bergen Engines AS, has been retained by Rolls-Royce. Completion of the transaction, which was announced on 3rd August 2021, follows the conclusion of work to separate the business from the Rolls-Royce group. As of 31st December, 2021, Langley formally acquired Bergen Engines AS as a stand-alone group including its engine factory, service workshop and foundry in Norway; engine and power plant design capability; its global service network and subsidiaries in nine countries.