HØVIK: House of Control Group AS (HOC) has entered into an agreement to acquire Business Analyze AS, a news release said. The acquisition will enable CFOs to gain better control over data from the entire business in a common dashboard, including the linking of House of Control’s ‘best-of-breed’ tools for the CFO. Business Analyze has…
Category: Oslo Bourse
Corporate News, Oslo Bourse, M&A, Investment
BASF, Quantafuel and REMONDIS to cooperate on chemical recycling of plastic waste
OSLO: BASF, Quantafuel and REMONDIS have signed a Memorandum of Understanding (MoU) to jointly evaluate a cooperation in chemical recycling including a joint investment into a pyrolysis plant for plastic waste. It is intended that REMONDIS, one of the world’s leading waste and water management companies, supplies suitable plastic waste to the plant, and chemical…
IDEX Biometrics Appoints James Simms as Chief Financial Officer
OSLO: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, has appointed James A. Simms as Chief Financial Officer with effect from 26 April 2021. Mr. Simms is an accomplished executive, with extensive experience with publicly-listed companies across high technology. Since 2008, he has served as Chief Financial Officer and a…
TECO 2030 launches hybrid/closed loop Future Funnel
LYSAKER: TECO 2030 ASA announced that the TECO 2030 Future Funnel has been further developed and now offers hybrid and closed loop alongside the already existing open loop. As the development is complete, TECO 2030 is proud to launch market-ready hybrid and closed-loop systems with the main purpose of reducing SOx, NOx, and ready for…
Arribatec awarded 5 year software contract with major European cruise liner
OSLO: IB (Arribatec Marine Solutions), a subsidiary of Arribatec Solutions ASA, has been awarded a five-year Software-as-a-Service (SaaS) contract with a major European based Cruise Liner for a total of 17 cruise ships. “We´re pleased to announce that our state-of-the-art marine solutions are gaining traction in the market, now selected by one of the largest…
Glamox has signed an agreement to acquire Luminell
OSLO: Glamox, a Norwegian industrial group, has signed an agreement to acquire 100% of the shares in the Norwegian company Luminell Group AS, a news release said. Established in 2010, Luminell has achieved a strong position as a high-quality developer and supplier of floodlights, searchlights, and lighting controls in the marine and offshore lighting market….
Carsten Egeriis appointed CEO of Danske Bank A/S
OSLO: The Board of Directors of Danske Bank A/S has appointed Carsten Egeriis as Chief Executive Officer. He replaces Chris Vogelzang, who has informed the Board that he wishes to resign from his position. This follows a decision by the Dutch authorities to name him a suspect in connection with their investigations of potential violations…
Sikri Holdings acquires Ambita AS in a NOK 950 million deal
OSLO: Sikri Holding AS has entered into a binding agreement with the Norwegian Ministry of Trade, Industry and Fisheries (NFD) regarding the acquisition of Ambita AS. The agreed enterprise value is NOK 950 million per 31 December 2020 (purchase price NOK 962.8 million). NOK 50 million of the purchase price will be settled by a…
Meltwater acquiring social media intelligence company Linkfluence for EUR 50 million
OSLO: Meltwater announced agreement to acquire leading social media intelligence company Linkfluence for EUR 50 million in a combination of cash, equity, and earn-out Meltwater B.V., a leading global provider of media intelligence and social analytics, has entered into an agreement under which it is committed to acquire Linkfluence, a French SaaS company using artificial…
John Hulme appointed Chief Operating Officer at Noreco
OSLO: Norwegian Energy Company ASA (Noreco) has appointed John Hulme as Chief Operating Officer (COO), effective today. Mr Hulme brings 30 years of global experience in the oil and gas industry. He was most recently Country Manager for Sapura Energy E&P business in Malaysia, which delivered strong growth following the acquisition of Newfield Malaysia in…
Kalera buys facility in Minnesota to form a vertical farming facility
ORLANDO: Kalera AS announced the purchase of a facility in St. Paul, Minnesota which they will convert to a vertical farming facility. Kalera’s Minnesota location is the eighth facility it has announced, making it one of the fastest growing vertical farming companies in the United States. This announcement comes on the heels of the news…
LINK Mobility signs mobile communication agreement with Everbridge
OSLO: LINK Mobility has signed a mobile communication agreement with Everbridge to help keep people safe and organizations running amid critical events, a news release said. LINK, Europe’s leading provider in the mobile communications industry, today announces that U.S.-based Everbridge, the global leader in critical event management (CEM) has selected the company as a short…