News

Fara is a valued provider of software and technology solutions to the public transport industry in the Nordics. We are pleased to have assisted Ticketer Group as legal advisors with the sale of the company to Modaxo, a global collective of technology companies.

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.

The European Commission published its new guidelines for horizontal cooperation agreements on 1 June, which means that existing practice and guidelines from the Norwegian Competition Authority (“the NCA”) for tender and project cooperation must be changed.

Faced with more complex threats to national security, increased interest to invest in Norwegian companies and the war in Ukraine, the Norwegian Parliament has adopted new rules strengthening the investment screening regime.

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.

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.