Eidesvik Eiendomsinvest AS and Simon Møkster Eiendom AS will hold approximately 12% each, while management in NorSea Group controls the remaining 4%. Following the transaction, Wilhelmsen will buy a small portion of management controlled shares.
“We wish to have an exposure towards the energy market, primarily oil and gas, but also the offshore wind industry,” says Thomas Wilhelmsen, group CEO of Wilhelmsen. “With an increased shareholding, we look forward to continue to develop NorSea Group and be an active player.”
Wilhelmsen originally acquired 35.4% of the shares in NorSea Group in July 2012, and increased to 40% ownership in April 2014.
By Jake Frith
