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Bergen Group ASA Sells Operational Activity in Bergen Group Halsnoy

Monday, 7 Jan 2013 03:01am EST 

Bergen Group ASA announced that it has signed an agreement with Halsnoy Dock AS for the sale of the operational activity in Bergen Group Halsnoy in Sunnhordland south of Bergen. Halsnoy Dock AS is controlled by the company Cinus AS which, among others, is the main shareholder in Fjellstrand AS. The sale price is in the range of NOK 30 million, and the acquisition is expected to be accomplished in the first quarter of 2013. Bergen Group Halsnoy, with long traditions as a maritime service and repair yard, has previously been a part of the Group's additional newbuilding capacity related to construction of smaller offshore-vessel. Fort the last two years, Bergen Group Halsnoy has focused on conversion projects and general maritime service as a part of the Bergen Group Services division. Bergen Group Halsnoy has 25 employees. These will be offered continued employment from the new owner. The agreement is subject to final Board approval by both parties. 

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