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Fjord Defence Group ASA Completes Acquisition and Expands Share Capital

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Fjord Defence Group ASA Completes Acquisition and Expands Share Capital

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Carbon Transition ASA ( (DE:S5B) ) has shared an update.

Fjord Defence Group ASA has completed the acquisition of Fjord Defence AS, resulting in significant share capital increases and changes in shareholder holdings. This acquisition and capital restructuring are part of the company’s strategy to strengthen its position in the defense industry, impacting shareholder stakes and potentially enhancing its market presence.

More about Carbon Transition ASA

Fjord Defence Group ASA is a Norwegian company listed on Euronext Expand, focusing on acquiring and developing fast-growing, profitable companies in the defense industry. The company employs a buy & build strategy, targeting established businesses within the defense, security, and related segments.

YTD Price Performance: 139.06%

Average Trading Volume: 562,214

Current Market Cap: NOK340.5M

See more insights into S5B stock on TipRanks’ Stock Analysis page.

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