SGP Varmeteknikk

Company presentation 2011

History

1929 Founded by Sig. G. Pedersen

1934 Sig. G. Pedersen establishes boiler sales with Högfors boilers

1968 Sig. G. Pedersen moves to Industriveien in Sandvika

1976 Reflex Winkelmann – business relationship established – expansion vessels

1977 De Dietrich – business relationship established - boilers

1979 Cetetherm heat exchangers and DH stations

1984 First delivery of DH pipes (Stjernerør)

1990 Pump division sold to ”ABS pumper” (now Cardo Flow Systems) and SGP becomes incorporated

2001 SGP aquires Logstors business in Norge

2004 SGP exclusive representative of Alfa Laval i Norge for Comfort diviion

2006 SGP revenue surpasses 50 MNOK

2009 SGP revenue surpasses 100 MNOK

SGP today

SGP Varmeteknikk currently enjoys a leading position in the Norwegian market as one of the technically leading suppliers in Norway.

SGP is based on know, international brand names and offer a wide array of products linked to hydronic heating.

The company is currently owned by four equal owners.

The company has had a solid economy since it started with a stable ownership situation.

Product areas and organization

SGP Varmeteknikk

AS

Heating systems

District heating Biomass Heat pumps

Sempa Energi AS (75%)

• Oil & gas boilers• Expansion• Chimneys• Fancoils• Deairators• Distributors

• Pre-insolated steel pipes

• PEX-pipes• BHE• PHE• DH Substations

• Wood chip boilers• Pellets boilers• Wood log boilers• Buffer tanks• Solar

• Water/water• Air/Water• Absorption heat

pumps

SGPs main goal is to build Norwegian market leaders

SGP Varmeteknikk

AS

Heating systems

District heating Biomass Heat pumps

Sempa Energi AS (75%)

High service lever through local stock for selected products

7

High service level through adapted services

8

Training tailored to our customers based on a systemic view

9

SGP customer groups

Consultants (we work to get our products described from consultants throughout Norway)

Wholesalers (we have good relations with all Norwegian wholesalers)

InstallersDistrict heating network owners / industrial

customers