Deugro’s decision to increase its shareholding in K2 Project Forwarding AS marks a strategic move in the logistics industry. This deepened commitment comes on the heels of its successful joint investment with Peak CSL Group AS, an alliance that has already cemented K2 as a trusted player in the Norwegian market since its founding in 2021.
K2, established as an independent project freight forwarder, was created to serve Norway’s diverse client base with comprehensive project freight and supply chain solutions. Backed by seasoned professionals with significant experience across national and global projects, K2 blends expertise with a forward-thinking approach. This commitment to innovation is bolstered by the recruitment and development of fresh talent from universities, ensuring that K2 offers clients both a local edge and access to a vast international network.
Leif Arne Strømmen, CEO of K2 Project Forwarding AS, highlighted K2’s rapid ascent. “Within a short period, K2 has firmly positioned itself in the Norwegian market, offering advanced project logistics and supply chain solutions to prominent clients in the Oil & Gas, Power & Renewable, and Maritime industries,” Strømmen stated.
This sentiment was echoed by Matias Setala, President Scandinavia and Eastern Europe at deugro, who emphasized K2’s ability to blend local expertise with global reach. “The combination of local excellence and global competencies in project freight forwarding has been a significant factor in K2’s success. The market has embraced this approach, further solidifying our position,” Setala explained.
The partnership between deugro and Peak CSL Group has proven fruitful. Didrik Martens, Chairman of the Board at Peak CSL Group, acknowledged the impact of K2’s growth. “K2’s contribution to our overall success has been remarkable. We’re proud to see it expanding in talent and operations, and we remain dedicated to supporting its ongoing journey.”
Peak CSL Group, established in 2005, has a storied history in Norway’s shipping and transport sectors. With offices spanning Bergen, Oslo, Delfzijl, and Hamburg, and a fleet of 25 vessels handling 3,500 port calls annually, the group continues to play a pivotal role in European short-sea shipping.
Deugro, founded in 1924 in Frankfurt am Main, Germany, brings nearly a century of expertise in project freight forwarding. With over 70 offices in 40+ countries, deugro’s focus on turnkey logistics solutions, particularly for low-carbon and sustainable energy projects, underlines its commitment to innovation and adaptability in a competitive landscape.
This expanded investment reflects deugro’s dedication to strengthening its foothold in the Norwegian market while supporting K2’s mission to deliver exceptional logistics solutions. As the industry evolves, partnerships like these showcase the importance of combining legacy expertise with innovative strategies.
