HydraSpecma Strengthens Its Presence in Norway with Hyco Acquisition

As part of HydraSpecma’s continued investment in Norway, Hyco became part of the HydraSpecma Group in April 2026. The acquisition strengthens HydraSpecma’s local presence and adds valuable expertise within hydraulic system design, software engineering and technical customer support.

Based in Kleppe, the team brings many years of experience from working closely with customers across several industries in Norway. Their strong technical know-how, high service level and focus on long-term customer relationships make them a valuable addition to HydraSpecma’s Nordic organisation.

Hyco’s Journey, a story built on customer relationships
Hyco was founded in 2009 by Frode Reve. The company he was employed by at the time was undergoing changes, and by starting his own company, Frode was able to ensure that he could continue working with what he enjoys most – technical solutions. Kjetil Efjestad and Steinar Åsen Torgersen were essentially involved from the very beginning. Together with Frode, they served a number of customers who followed them to the new company.

– Business is done with people. Relationships matter, and to succeed in developing the optimal solution for each customer, you really need to understand them. That was, and still is, what drives us, explains Frode.

Time is important to most customers, and Hyco built up a stock of the right components in order to deliver quickly. Their reliable deliveries and expertise gave Hyco a strong reputation, and the company soon had many satisfied customers who kept coming back.

However, over time Frode felt that he wanted more time to engage himself more in technology and technical design drawings. In 2022, Oddvar joined the company as General Manager. He is a trained design engineer with a background in machinery and production, bringing extensive experience, new insights and a clear ambition to grow the company.

– Hyco was a stable company with a good reputation. By clarifying our offering, we were able to reach new customers and begin a growth journey. Over the years, our customer base has broadened, and today we serve customers from several industries across Norway, says Oddvar.

New opportunities as part of HydraSpecma
In April 2026, Hyco was acquired by HydraSpecma, opening up new opportunities. This was an important positive step in HydraSpecma’s investment in Norway, as well as a positive development for the team in Kleppe.

By becoming part of HydraSpecma, the Kleppe team gains access to a broader product portfolio, strong suppliers and an expanded network of technical expertise across the Group. This creates new opportunities to support customers with complete hydraulic solutions, from components and system design to technical advice and delivery.

– I see many advantages and great potential. With HydraSpecma, we gain access to a broader product portfolio with strong suppliers and an expanded network of expertise. Combined with support from central functions, this gives us security, as well as more time and opportunity to support our customers in the best possible way,” says Oddvar.

For Frode, the acquisition also opens new possibilities to continue developing technical solutions.

– I like new things and look forward to the challenges and opportunities that come with being part of HydraSpecma. I am especially excited about working with a wider range of technical solutions, while continuing to build on my expertise in Danfoss and the value it can create for our customers, says Frode.

Continuing the journey together
As part of HydraSpecma, the Kleppe team will continue to develop smart hydraulic solutions with the customer in focus. By combining local expertise, strong relationships and HydraSpecma’s wider product and knowledge base, the team is well positioned to support both existing and new customers in Norway.

Together, HydraSpecma and the Kleppe team will continue building long-term partnerships, delivering reliable solutions and creating value for customers across industries.

MEET THE TEAM IN KLEPPE

Kjetil Efjestad

What is your role at HydraSpecma, and how long have you worked here
– Technical sales. I was the second person employed at Hyco, so I have now been with the company for 17 years.

What do you like most about working here?
– Being involved from order to delivery. The variety and freedom in the work are the best parts.

What is most important when it comes to creating a good customer experience?
– Customers should receive quick support at a reasonable price. It is about choosing the best components for the job.

What are your thoughts on now being part of the HydraSpecma Group?
– It feels very positive. It is a strength that we now have access to a broader product range with higher availability. In addition, technical support is available within the Group.

What do you prefer to do in your free time when you are not working?
– In my free time, I enjoy playing golf and spending time with family and friends. I have two adult children whom I enjoy visiting.

Oddvar Harboe-Wiig

What is your role at HydraSpecma, and how long have you worked here?
– General Manager. I have worked at Hyco for four years.

What do you like most about working here?
– The variety of customers from different industries. Each industry has its own needs, requirements and challenges, which makes every project unique. I also truly appreciate the working environment and the sense of team spirit we have in the workplace.

What is most important when it comes to creating a good customer experience?
– Being able to support customers technically, preferably as early as possible in the system solution process and being part of their journey.

What are your thoughts on now being part of the HydraSpecma Group?
– With HydraSpecma, we gain access to a broader product portfolio, which opens the door to new markets. We gain increased capacity, enabling us to serve our customers better and thereby become a more attractive choice of supplier.

What do you prefer to do in your free time when you are not working?
– In my free time, I spend time with my family and their activities. My daughter has started playing handball, and I am her coach. For myself, I prefer golf and enjoy playing whenever the opportunity arises.

Kenneth Eide

What is your role at HydraSpecma, and how long have you worked here?
– My role is Sales Manager. I have now worked at Hyco for 12 years.

What do you like most about working here?

– The variety – there are always new things happening. During a single day, I work with everything from customer enquiries to assembly and receiving goods.What is most important when it comes to creating a good customer experience?

– It is important to deliver when we have promised. Time is critical for many of our customers, so delivery times must be kept.What are your thoughts on now being part of the HydraSpecma Group?

– It is exciting! We gain access to more components, which creates new opportunities. I am really looking forward to being part of building HydraSpecma in Norway.What do you prefer to do in your free time when you are not working?

– In my free time, I spend time with my wife and our two children. We enjoy going to our cabin, and when I get the chance, I like driving classic cars.

Arne Rosland

What is your role at HydraSpecma, and how long have you worked here?
– I have worked as a Key Account Manager since 2024. I was employed by HydraSpecma and worked from my home office in Kleppe. Now I have colleagues and an office in the same village, which is very positive.

What do you like most about working here?
– For me, meeting people is the best part of the job. I get to meet many different people and learn about their businesses and challenges. And then there are my colleagues – I have many great colleagues.

What is most important when it comes to creating a good customer experience?
– Good communication is the key to everything. It is important to be clear with customers and provide feedback so that they feel in control.

What are your thoughts on Hyco now being part of the HydraSpecma Group?
– I think the acquisition of Hyco is a good step in the investment in Norway. A lot of positive things are happening now, and I feel there is enormous potential for HydraSpecma to grow in Norway.

What do you prefer to do in your free time when you are not working?
– In my free time, I spend time with my family. I have a wife, eight children and a house, so life is often busy. When we get the chance, we enjoy hiking in the mountains or going fishing by a lake.

Odd Steinar Åsen Torgersen

What is your role at HydraSpecma, and how for long have you worked here?
– Technical sales and a lot more. I have worked in the company for 17 years, so I have been part of the journey since Hyco was founded.

What do you like most about working here?
– What I enjoy most is the variety of the work. Being able to follow projects, be involved from start to finish, and take part in every stage of the sales process.

What is most important when it comes to creating a good customer experience?
– That the customer receives support and follow-up. It is also important that they get exactly the right component for their application. It is not about a specific supplier, but about finding the best component for their specific needs.

What are your thoughts on now being part of the HydraSpecma Group?
– I think it will make it easier to exchange ideas and get input from technical expertise, and that feels good.

What do you prefer to do in your free time when you are not working?
– In my free time, I spend time with my family. We like camping, but this summer we will be spending a lot of time at home working on the house.

Frode Reve

What is your role at HydraSpecma, and how long have you worked here?
– My role today is technical manager. I started Hyco AS in March 2009 and was the general manager until 2022 when Oddvar took over this position.

What do you like most about working here?
– The opportunity to be involved from start to finish, and to guide and help customers with challenges that come up and find solutions. I also think we are a great team here at Kleppe, with a good working environment and a nice group of people.

What is most important when it comes to creating a good customer experience?
– To provide customers with good technical solutions, deliver reliably, be precise and thorough, and ensure high quality in everything we do.

What are your thoughts on Hyco now being part of the HydraSpecma Group?
– It will be exciting to be part of a larger team and a bigger portfolio, together with many skilled new colleagues whom we have known since the HydraGrene days. I see many opportunities ahead.

What do you prefer to do in your free time when you are not working?
– In my spare time, I enjoy going to my cabin, or “summer house” as I understand the Danes call it. There, I have 1,380 decares/hectares to enjoy, as it is an old farm where my grandmother came from.

When I am at the cabin, I do everything from producing firewood to building forest roads, hunting, and fishing. I am also interested in machines and have everything from tractors, excavators, snowmobiles, ATVs, and firewood processors — basically what comes with being a hobby forest farmer.

I am probably not very good at sitting still and doing nothing, so I prefer it when something is happening.

Monica Svihus

What is your role at HydraSpecma, and how for long have you worked here?
– I work with administration and have done so since 2012.

What do you like most about working here?
– I like the variety of tasks I have. What I appreciate most is when there is a lot going on and I get to juggle several tasks during the same day.

What are your thoughts on now being part of the HydraSpecma Group?
– It is still very new, but it feels exciting. I look forward to seeing what it will mean for me and for our customers.

What do you prefer to do in your free time when you are not working?
– When I am not working, I take it easy at home. My partner runs his own company, and when it suits, I usually help him.

NEWS PEOPLE