Sperre AS sells remaining 34% to AKVA Group ASA

Translink Corporate Finance advises Thor Olav Sperre, a shareholder of Sperre AS on the sale of his remaining 34% of shares in Sperre AS to AKVA Group ASA.

Sperre AS is based in Notodden, Norway and is the leading ROV and subsea technology company within the aquaculture industry, as well as a recognized provider of ROV and subsea solutions to the oil service and maritime industries in Norway and internationally.

AKVA group is a leading technology and service partner to the aquaculture industry worldwide. Based in Bryne, Norway it has operations in eight countries and is listed on the Oslo Stock Exchange.

Translink Corporate Finance advised Thor Olav Sperre on the sale of the initial 66% in 2016, along with a put/call option for both parties. AKVA Group exercised its options to call on the remaining 34% of the shares to now own 100%. Translink Corporate Finance acted as exclusive M&A advisor to shareholder Thor Olav Sperre on this latest transaction.