Independent journal on economy and transport policy
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Wilh. Wilhelmsen acquires 35.4% of the capital stock of NorSea Group
The society offers to logistic services and systems to the Norwegian industry of the oil and the gas
June 19, 2012
The shipowning group Norwegian Wilh. Holding Wilhelmsen (WWH), through the Wilh branch. Holding Wilhelmsen Invest, will buy 35.4% of the capital stock of the compatriot NorSea Group (NSG), society that offers to logistic services and systems to the Norwegian industry of the oil and the gas.
The investment will pile to about 500 million Norwegian crowns (80 million dollars). In the next few days, to completion of the transaction, Wilh. Holding Wilhelmsen Invest will become the greater shareholder of NSG. Moreover WWHI has also an option right in order to acquire until 40% of the capital stock of NSG. The societies Eidesvik Eiendomsinvest AS and Simon Møkster Eiendom AS will continue to being shareholders of relief of NSG each with a quota 30% approximately.
"The investment - the managing director of WWH, Thomas Wilhelmsen has commented - is online with the strategy announced previously to explore new opportunity in the power industry, the offshore industry and that marine one, to complement of the activities of Wilh Wilhelmsen and Wilhelmsen Maritimes Services".
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The shipowning group Norwegian Wilh. Holding Wilhelmsen (WWH), through the Wilh branch. Holding Wilhelmsen Invest, will buy 35.4% of the capital stock of the compatriot NorSea Group (NSG), society that offers to logistic services and systems to the Norwegian industry of the oil and the gas.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
