TGH Holdings AS divests its energy market analysis and advisory services business
SKM Market Predictor AS (now TGH Holdings AS) has entered into an agreement to divest its energy markets analysis business to Montel AS.
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TGH Holdings AS is a respected provider of energy market analysis and advisory services based in Trondheim, Norway. Founded in 2003, TGH Holdings has built a notable reputation for energy market predictions across both the Nordics and Baltic states. This makes the energy market analysis and advisory services business a clear and complimentary fit to Montel's existing portfolio.
Montel AS is a leading provider of energy market intelligence, delivering real-time news, data, analytics and consultancy to clients across the global energy sector. With a history of delivering market transparency for more than 30 years, Montel empowers its clients with the knowledge and tools necessary to identify opportunities and make informed decisions in the energy market.
TGH Holdings AS was advised by Wikborg Rein in the transaction. The core transaction team comprised of Olve Klepp, Alexander Bernhard Wintervold and Tormod Ludvik Nilsen.
The transaction was announced on 31 October 2024 and completed 20 November 2024. Read more at Montel.