OSLO: Equinor ASA announced that Ulrica Fearn is appointed chief financial officer (CFO) and executive vice president, with effect from 16 June 2021. Fearn will succeed acting CFO Svein Skeie, who will become senior vice president CFO Performance Management and Risk with effect from the same date. Fearn is currently Director of Group Finance at…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
Heimstaden Bostad acquires Danish residential portfolio for SEK 16.6 billion
OSLO: Heimstaden Bostad has signed an agreement to acquire Niam AB’s Danish residential portfolio, branded and managed as HD Ejendomme A/S for a total price of SEK 16.6 billion (DKK 12.1 billion), including SEK 946 million (DKK 690 million) in forward commitments. The portfolio consists of 6,237 residential units and 35 commercial properties geographically spread…
Agilyx appoints Beatriz Malo de Molina as new Chief Financial Officer
OSLO: Agilyx AS, a pioneer in the advanced recycling of post-use plastics, announced today the appointment of Beatriz Malo de Molina as Chief Financial Officer (CFO), effective January 4, 2021. Ms. Malo de Molina will succeed current CFO Russell Main, who will be transitioning to CFO of Agilyx’s recently established feedstock management company, Cyclyx International,…
Solstad signs agreement with ExxonMobil in Brazil
SKUDENESHAVN: Solstad Offshore ASA announced that the company has entered into a Frame Agreement with ExxonMobil Exploração Brasil Ltda for the provision of supply vessel services supporting their exploration activities in Brazil. The Frame Agreement is for 3 years firm, and the first call off has been received for PSV “Normand Swift” for a period…
Infront Board recommends voluntary cash offer by Inflexion to acquire all shares in Infront
OSLO: Inflexion Private Equity Partners LLP and Infront ASA announced that Dash Bidco AS will launch an offer to acquire all outstanding shares of Infront through a voluntary cash offer of NOK 34.40 per share. The Board of Directors of Infront has unanimously decided to recommend that the shareholders of the Company accept the Offer….
Mutares makes an offer to acquire Primetals Technologies France S.A.S.
MUNICH: Mutares SE & Co. and Primetals Technologies Ltd. have entered into exclusive discussions for the acquisition of Primetals Technologies France, which has its production site in Savigneux, France, employing around 300 employees. The goal is to complete the transaction by the end of February 2021, once all necessary consents are obtained and consultations completed,…
Aker BioMarine launches new circular economy company
FORNEBU: Aker BioMarine has launched AION (Greek for ‘eternity’), a new company that will use a capital light and technology agnostic business model to offer products and services to companies with a desire to recycle waste and re-use materials, a news release said. The company stems from circular initiatives in Aker BioMarine that were focused…
The Kingfish Company and Billund Aquaculture sign contract for expansion in the Netherlands
AMSTERDAM: The Kingfish Company and Billund Aquaculture have concluded the contract relating to the next expansion of The Kingfish Company’s RAS facility in the Netherlands. The referenced expansion will commence in early 2021, will continue to build upon the proven design of the current operation, and will more than double current installed capacity. “Based on…
ArcticZymes Technologies divests Biotec BetaGlucans subsidiary to Lallemand
TROMSØ: ArcticZymes Technologies ASA (AZT) has today entered into a Share Purchase Agreement (SPA) with Lallemand Inc’s subsidiary, Danstar Ferment AG for the divestment of AZT’s Biotec BetaGlucans AS subsidiary (BBG), a news release said· The transaction is based on an Enterprise Value of NOK 70 Million payable in cash at closing – expected end…
HBC and Tenet Partners to launch HBC own branded consumer health products
OSLO, NORWAY: Hofseth Biocare ASA (HBC) has started a long-term collaboration with world leading brand innovation and marketing consultancy company, Tenet Partners, based in New York, USA. Their goal is to build a consumer brand for HBC’s line of salmon-based products. Tenet Partners have an impressive and long track record in building powerful brands with…
Agilyx forms joint venture with ExxonMobil for plastic waste recycling
OSLO: Agilyx Corporation has signed an agreement with ExxonMobil to become a founding member of a newly created joint venture, Cyclyx International LLC. This collaboration will bring innovative solutions for aggregating and pre-processing large volumes of plastic waste to be used as raw material to manufacture petrochemical products, including naphtha and chemical intermediate pathways. Cyclyx…
Aker BioMarine and Krill industry join forces to protect penguins in Antarctica
FORNEBU: An NGO-industry collaboration to protect the Antarctic Ocean today announced a big step forward with a year-round permanent closure of a 4500km2 area of ocean around Hope Bay in the northern Antarctic Peninsula. The move is supported by the Association of Responsible Krill harvesting companies (ARK) and an NGO coalition of Greenpeace, Pew, WWF…