OSLO: Arribatec Solutions ASA has entered into a share purchase agreement related to the acquisition of 100% of the shares in Microsky AS for a net fixed purchase price of NOK 1.5 million in cash, plus 3.5 million shares in Arribatec Solutions ASA at a subscription price of NOK 1.50 per share ex dividend. The…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
Aker Solutions completes merger with Kvaerner
OSLO, NORWAY: Aker Solutions has completed the merger with Kvaerner to become one of the world’s leading suppliers of solutions to reduce climate gas emissions from oil and gas installations, and for delivery of complete renewable energy production facilities. Over the past 50 years, Aker Solutions and Kvaerner delivered many of the major breakthroughs in…
Total contracts Shearwater GeoServices for Senegal 3D acquisition and processing
OSLO, NORWAY: GC Rieber Shipping ASA’s 19% owned geoservices company Shearwater GeoServices Holding AS announced the award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Senegal (Total). The exploration survey covers 5,000 sq. km in the UDO Block Exploration area, offshore Senegal. The data acquisition will be carried…
PatientSky signs conditional agreement to acquire Infodoc
OSLO: PatientSky Group has entered into a conditional share purchase agreement for the acquisition of all the shares in Infodoc AS and Acino AS (jointly, “Infodoc”), a news release said. Infodoc, founded in 1979, is a leading e-health provider currently present in Norway and headquartered in Bergen. The company provides electronic health records (EHR) to…
Elop to acquire Simplifai
OSLO: Norwegian technology company Elop has signed a letter of intent to acquire 100 percent of the shares in artificial intelligence company Simplifai, a news release said. The partnership will enable an acceleration of Elop’s development of data driven services for monitoring and maintenance of infrastructure. “The partnership with Simplifai reinforces our ambition of becoming…
Everfuel to acquire H2CO AS from Uno-X and take over hydrogen fueling stations in Norway
HERNING: Everfuel A/S has signed an agreement to acquire H2CO AS, an Uno-X owned company, which has two hydrogen fueling stations and hydrogen distribution assets in Norway. The hydrogen stations are located at Hvam, just northeast of Oslo, Norway’s capital and largest city, and in Åsane, just north of Norway’s second largest city Bergen. Everfuel…
Mintra named as one of 2020’s top learning technology providers
OSLO: Mintra has once again been named as one of the top learning technology providers of the year by the Learning & Performance Institute (LPI). The LPI’s Top 15 Highest-Performing Learning Technology Providers 2020 report identifies organisations with a strong track record in quality of service and user experiences. The report is compiled using data…
Hexagon Purus to supply storage system for the first hydrogen commuter train in the U.S.
OSLO: Hexagon Purus has signed a contract with Stadler Rail to develop cylinder storage system for the first hydrogen commuter train in the U.S., a news release said. Hexagon Purus’ storage system is due to be delivered in the fourth quarter of 2021. The contract includes the development and homologation of a new cylinder and…
Cloudberry enters into partnership for sale of offshore wind development project in Sweden
OSLO: Cloudberry Clean Energy AS and Downing LLP have entered into an exclusivity agreement for the construction and ownership of a 100 MW nearshore, shallow water wind farm in Lake Vänern in southern Sweden. Since the end of June, Cloudberry has doubled its project backlog to above 1.6 terrawatt hours per year. After confirming a…
Cadeler intends $100 million IPO on the Oslo Stock Exchange
COPENHAGEN: Cadeler A/S has announced its intention to apply for a listing on the Oslo Stock Exchange through an initial public offering (IPO). The IPO is expected to comprise a primary offering of new ordinary shares in the Company raising gross proceeds of approximately USD 100 million. As part of the IPO, it is also…
Shearwater GeoServices suspend technology partnership negotiations
OSLO: Due to the downturn in the oil and gas industry, triggered by the COVID-19 pandemic, Shearwater and CGG have jointly agreed to suspend negotiations regarding their partnership. Reference is made to the stock exchange notice on 4 June 2019, where it was announced that GC Rieber Shipping ASA’s 19% owned geoservices company Shearwater GeoServices…
Mutares acquires Swedish and Finnish road services business from NCC
STOCKHOLM: Mutares SE & Co. KGaA has completed the acquisition of Nordic Road Services AB and Nordic Road Services Oy, each a leading provider of road operation and maintenance in their respective markets, from NCC. From December on, the companies will operate under the new names Terranor AB and Terranor Oy. Both companies will strengthen…