Frøy Kapital aqcuires 66 percent of OceanTech Innovation

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.

Ocean Tech Innovation is an innovative and world-leading service provider of robotic and patented solutions for service assignments in the splash zone on offshore installations. In 2022, the company reached a turnover of approximately NOK 150 million and has good profitability.

With Frøy Kapital, an investment company wholly owned by Helge Gåsø, as active owner, they will together work purposefully on strategy and business opportunities in the future.

Hege Aasen Veiseth, CFO of Frøy Kapital, says the following in a press release:

- We are impressed by the development the company has had since its establishment in 2017, and will build on what has been created by the employees and founders. We will seek to add supplementary expertise, networks and financial resources for further growth and development, including possible acquisitions.

Our core team has consisted of Steffen Rogstad and Maria B. Tanemsmo.


Vil du motta relevante nyheter og invitasjoner på e-post?