Press release 19 May 2017
Wilhelmsen becomes majority owner in NorSea Group
Wilhelmsen has entered into a letter of intent with Eidesvik Eiendomsinvest AS and Simon Møkster Eiendom AS to acquire 32 % of the outstanding shares in NorSea Group AS.
Wilhelmsen expects the transaction to take place within a couple of months. Subject agreement between the parties, Wilhelmsen will be the majority owner with 72% of the shares, while Eidesvik and Møkster will hold approximately 12% each. The management in NorSea Group holds the remaining 4%.
Benedicte Teigen Gude
Chief of Staff
Wilh. Wilhelmsen Holding ASA
Tel: (+47) 95 90 79 51
benedicte.teigen.gude@wilhelmsen.com