Projects

We are proud to have assisted DCC plc in the purchase of all the shares in Solcellekraft. Over the past few years, the Norwegian startup has experienced significant growth.

We are proud to have assisted ERGO, one of Europe's leading financial conglomerates in insures, with this acquisition. The transaction was signed today and is expected to be completed in the first quarter of 2024, with an estimated positive impact of approximately NOK 1.1 billion on Storebrand's Group results.

Exciting times for the Norwegian start-up Strise who successfully raised USD 10.8 million. The majority of investments come from Skype founder Niklas Zennström and his London-based venture capital firm, Atomico.

We are pleased to have assisted INPEX Idemitusu Norge with the sale of production assets in the Statfjord area to Longboat Energy Norge, for USD 12.75 million.

Frøy Kapital becomes a long-term owner of the Trondheim-based technology company OceanTech Innovation, with the aim of further growth both internationally and in new markets. We are proud to have assisted Frøy Kapital as legal advisors in this transaction.

We are proud to have acted as legal advisers to Huddlestock Fintech with the purchase agreement to acquire all operational assets of the Swedish fintech company Bricknode Holding AB. With this acquisition Huddlestock Fintech will get revenue synergies of NOK 25 million.

We are delighted to have assisted BEWI Invest as legal advisers in this transaction. BEWI Invest has come to an agreement with shareholders at SinkabergHansen (SBH) representing 44,4 per cent ownership. The purchase price is agreed to be NOK 2.2 billion, implying an enterprise value of SBH on 100 per cent basis of NOK 5.0 billion.

New investors have invested in Aqualoop - with Markó Partners as the largest. They will also take a board position in the company. Together they invest in Icelandic Offshore Salmon, which will become the first Icelandic sea breeder.

We are delighted to have assisted EG in its acquisition of PatientSky SaaS Norway AS and PatientSky App AS. The transaction values the business at between NOK 850 million and NOK 900 million.

We are proud to have acted as legal advisors to bp with this joint venture, seeking to further develop the offshore wind opportunities in South Korea. As a part of the agreement, bp has acquired a 55 percent stake in Deep Wind Offshore’s (DWO) early-stage offshore wind portofolio, which includes four projects across the Korean peninsula with a potential generating capacity of up to 6GW.

We are proud to have assisted Ernströmgruppen as legal adviser with the agreement to secure all shares in Varmeteknikk, Norway’s largest supplier of electrical boilers. The company is engaged in significant export activities and is represented in many European countries.

We are proud to have assisted Gaia Salmon with a private placement that raised NOK 392 million in fresh investment capital. Thus, the company can start construction of the planned post-smolt facility at Træna, and delivery of post-smolt to offshore aquaculture.

We are proud to have assisted in the establishment and recapitalization of Frøya Laks, which is a collaboration between Helge Gåsøs Frøy Kapital and BEWI Invest. Frøya Laks is now entering into cooperation with Måsøval on the operation of 2,433 tonnes MAB (maximum allowable biomass) which they purchased at the State auction in 2022.