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AGR Group ASA Sells 100% Stake in AGR WellServices AS and AGR Cleanup AS to BR Industrier AS


Tuesday, 5 Feb 2013 02:48am EST 

AGR Group ASA (AGR) announced that it has signed an agreement, whereby BR Industrier AS acquires 100% of the shares in AGR WellServices AS and AGR Cleanup AS in a combined transaction. The companies are a part of AGR's Tools & Technology division. The purchase price for the two companies is NOK 43.2 million. The transaction will be completed in February 2013, following mandatory approval by The Norwegian Ministry of Commercial Affairs. 

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