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EQVA ASA Finalizes Business Combination with Austevoll Rørteknikk AS

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EQVA ASA Finalizes Business Combination with Austevoll Rørteknikk AS

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An update from Havyard Group ASA ( (DE:1H2) ) is now available.

EQVA ASA has completed its business combination with Austevoll Rørteknikk AS (ART), despite delays due to the Seller’s reorganization. The transaction involves a mix of EQVA shares, cash, and a conditional earn-out, with implications for EQVA’s financial strategy and market positioning in the aquaculture industry.

More about Havyard Group ASA

Austevoll Rørteknikk AS (ART) was established in 2011 and specializes in piping services, maintenance, prefabrication, and specialized installations for aquaculture and related industries. The company is headquartered in Austevoll, Vestland, and operates throughout Norway.

YTD Price Performance: 1.26%

Average Trading Volume: 18,576

Current Market Cap: NOK394.8M

See more insights into 1H2 stock on TipRanks’ Stock Analysis page.

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