AKVA group – acquisition of Plastsveis AS

Wikborg Rein has assisted Norwegian listed aquaculture equipment supplier AKVA group ASA in connection with the acquisition of 70% of the shares in Plastsveis AS.

Plastsveis was established in 1988 and provides PE equipment, installation and services to the fish farming, agriculture and other industries. The company is located in Sør-Helgeland and has around 40 employees. The transaction includes entering into of a shareholder agreement and new employment agreements etc.

 The WR team has consisted of Ketil E. Bøe as responsible partner, Lars Hinze and Steinar Kulstad.

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