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Arribatec Group ASA ( (DE:B7Z0) ) has shared an update.
Arribatec Group ASA has agreed to sell Arribatec Marine to Star Information Systems AS for approximately NOK 25 million, as part of its strategy to focus on core business areas and enhance financial flexibility. This transaction allows Star to strengthen its position in the maritime software sector, promising continued growth and development for Arribatec Marine under new ownership.
More about Arribatec Group ASA
Arribatec is a software and consulting company based in Oslo, known for its customer-centric engagement model and expertise in system integration and domain competence. It partners strategically with over 1700 companies across 25 countries in both private and public sectors, employing over 320 people with offices in 11 countries. Arribatec is listed on the Oslo Stock Exchange under the ticker code ARR.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €12.92M
Find detailed analytics on B7Z0 stock on TipRanks’ Stock Analysis page.