Multiconsult acquires Erichsen & Horgen at an enterprise value of NOK 410 million

The transaction is subject to approval from the Norwegian Competition Authorities. OSLO, NORWAY: Multiconsult ASA has entered into an agreement to purchase 100% of the shares of Erichsen & Horgen…

NNR July 9, 2021

Euronext

Beter Bed Holding sells its Swedish business Sängjätten to Sengespecialisten

AMSTERDAM, NETHERLANDS: Beter Bed Holding (BBH) has completed the sale of its Swedish business Sängjätten to Sengespecialisten, a Danish subsidiary of the Lars Larsen Group. The business will be operated…

NNR July 9, 2021

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SmartCraft buys all the shares of Kvalitetskontroll AS

The acquisition is made through SmartCraft ASA's wholly owned subsidiary SmartCraft Norway AS. OSLO, NORWAY: SmartCraft ASA has today entered into an agreement and completed the acquisition of all the…

NNR July 9, 2021

Euronext

Kongsberg to supply Norway and Germany with NOK 8.2bn worth of ORCCA combat system and missiles

OSLO, NORWAY: Kongsberg Defence & Aerospace AS has entered into contracts with Norway and Germany to deliver ORCCA combat system elements to the six new 212CD submarines, and the Naval…

NNR July 8, 2021

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Subsea 7 agrees to combine its renewables business unit with OHT

LUXEMBOURG: Subsea 7 S.A. announced an agreement to combine its Renewables business unit with OHT ASA. The combined company will be renamed Seaway 7 ASA and will initially retain OHT's…

NNR July 8, 2021

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GC Rieber sells part of its holding in Shearwater Geoservices for $50.5 million

OSLO, NORWAY: GC Rieber Shipping has agreed to sell shares in Shearwater Geoservices Holding AS reducing its ownership from 17.0% to 8.5%, a news release said. Gross proceeds from the…

NNR July 8, 2021

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Telenor Group sells Telenor Myanmar to M1 Group for $105 million

OSLO, NORWAY: Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of $105 million, of…

NNR July 8, 2021

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Ergon Capital acquires Summa

BRUSSELS, BELGIUM: Ergon Capital has acquired Summa alongside management from Gimv, a news release said. In 2016, Gimv acquired a majority stake in Summa alongside the management team. Summa expanded…

NNR July 7, 2021

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Aegon to repurchase EUR 133 million worth of shares to neutralize final payout

AMSTERDAM, NETHERLANDS: Aegon announced that it will repurchase common shares for an amount of EUR 133 million to neutralize the dilutive effect of both its 2020 final stock dividend and…

NNR July 7, 2021

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Nordic Unmanned signs MOU with OMNI Taxi Aereo

OSLO, NORWAY: Nordic Unmanned has signed a Memorandum of Understanding (MOU) with OMNI Taxi Aereo (OTA), a leading Brazilian air transport operator providing aeromedical assistance, offshore, and fixed wing charter…

NNR July 7, 2021

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Kongsberg sings EUR 49m contract with COSCO to deliver wind turbine installation vessel technology

OSLO, NORWAY: Kongsberg Maritime (KM) has signed contracts totalling EUR 49m with the Chinese shipbuilder COSCO Shipping (Qidong) Offshore for the delivery of its industry-leading Wind Turbine Installation Vessel (WTIV)…

NNR July 7, 2021

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Avance signs $104 million sustainability-linked financing

BERMUDA: Avance Gas Holding Ltd has signed and completed the $104 million sustainability-linked term facility with a bank syndicate previously announced in May 2021. The transaction will secure financing of…

NNR July 7, 2021