News

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.

Reputable rating agency Legal 500 has published its results for the 2023 edition. We consolidate our position as one of Norway's leading law firms and are ranked in 18 out of 20 areas of expertise.

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.

Huddlestock Fintech continues to scale its wealth management and trading platform and has signed a Sale and Purchase agreement to acquire Dtech AS. Together they see opportunities to expand the pension products to the rest of the Nordics as well as to the German market.

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 proud to be top ranked in Norway on the recently published ranking of Chambers Europe. 23 of our lawyers are ranked as "Leaders in their field". Chambers is one of the most recognized rating agencies globally and ranks law firms and lawyers based on interviews with law firms' clients and partners, and also conducts its own research.

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.

Yesterday, Chambers Global published its 2023 results, strengthening our individual performance and maintaining our positions at company level. The ranking covers a total of eight areas and we are ranked within seven.

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 Lime Petroleum in purchasing Kufpec’s ten per cent share of the Yme area in the North Sea, for around NOK 670 million. The purchase was completed on 23 December.

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.