AKVA group ASA (OB:AKVA) acquired 51% stake in Submerged As for NOK 30.141 million on August 22, 2023. The cash assumed as part of this transaction was NOK 4.671 million. Post completion of the acquisition, AKVA has the option to acquire 100% shares in Submerged in 2028 based on certain conditions. The acquisition of the majority stake in Submerged is of great strategic importance to AKVA and will further develop and complement our digital offerings to the market.

AKVA group ASA (OB:AKVA) completed the acquisition of 51% stake in Submerged As on August 22, 2023.