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Arntzen de Besche has assisted Ernströmgruppen with the purchase of Varmeteknikk AS

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.

The Swedish family-owned industrial conglomerate operates, develops and acquires well-managed companies within a number of niches. Through sustainability, innovation and digitalisation, the Group wishes to contribute to long-term and competitive activities that contribute to achieving the UN’s sustainability goals.

Over the past year, we have assisted Erntströmgruppen with the purchase of a total of three Norwegian companies. With the purchase of Heat Technology, Ernstömruppen is taking further steps in the area of thermal energy and better use of electricity from renewable sources.

Maria B., Tanemsmo has led the work, with the support of Frida Martinsen, Asgeir Lehman and Hanna Svestad Løkholm.

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