News

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.

We start the year by welcoming Alexander Plows as a new partner at Arntzen de Besche. As one of Norway’s leading lawyers in insurance and dispute resolution, he will help strengthen our team further. We are also proud to appoint Atle Stensrud as Specialist Counsel. This is a newly established position for employees with extensive expertise and long experience in their field. Stensrud has been part of our banking and financing team for more than 20 years, and is one of our key contributors to professional development at our firm.

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.

Armaturjonsson has 50 years of experience in Norwegian construction industry and offers systems that make it as easy as possible to avoid the blooming of unwanted bacteria in the drinking water, as well as to ensure the longest possible lifetime and power operation on all installations of water-based heating and cooling in all types of buildings.

The Norwegian government today introduced a proposal to subject aquaculture to a new source rent taxation regime. Until now, the industry has only formed part of the ordinary corporate income tax regime (in addition to a certain minor special duties).

We are proud to have assisted as legal advisers to the 25 municipal owners in Agder Energi, in the merger with Glitre Energi. Today, an extraordinary general meeting was held at the companies, where the owners approved the merger between the companies.

The results from ITR reveals that Arntzen de Besche will advance to Tier 1 within Energy Tax. We also retain the strong placements from last year, where we are ranked in Tier 1 within Shipping and Transactional Tax, and Tier 2 within General Corporate Tax, Indirect Tax and Tax Controversy.

The results for IFLR 1000 2022 are clear. Arntzen de Besche is ranked in Tier 2 in all five categories, in addition to the fact that 12 lawyers have been individually ranked this year.

We are proud to have acted as legal advisers to Lime Petroleum in this sale and purchase agreement with KUFPEC Norway AS. Lime Petroleum acquires a 10 percent interest in the producing YME field on the Norwegian North Sea. The total transaction value is USD 68.053 million, and will be paid in cash on completion of the transaction.

We are delighted to announce that our tax team has been shortlisted for ITR EMEA Tax Awards 2022 in two categories: "Norway Tax Firm of the Year" and "Norway Transfer Pricing Firm of the Year".

We are pleased to have assisted Abilia, a subsidiary to MedCap, in their agreement to acquire the company Cognita AS. The transaction will further strengthen Abilia’s position in the Nordics within digital assistive products.

Today AnaCap announced their agreement with with Nets, part of Nexi Group, for the acquisition of EDIGard, a leading platform provider of distribution and payment services in the Nordic. We are proud to act as legal advisor for AnaCap in this agreement.