AIS completed the acquisition of Ovun from Investinor, Salvesen & Thams Invest, Norsk Mineral and Oskar Sylte.

Advanced Innergy Limited, a leader in engineering, manufacturing and application of insulation, passive fire protection, buoyancy, battery protection, completed the acquisition of Ovun, a provider of integrated, high-tech polymer-based products and solutions designed for exceptional durability and reliability, from Investinor, Salvesen & Thams Invest, Norsk Mineral and Oskar Sylte. Financial terms were not disclosed.