Taubatkompaniet’s remaining 10% share in Aker Marine Contractors has been acquired by Aker Capital. After these transactions Aker Solutions holds 90% of the shares in Aker Marine Contractors, while Aker Capital holds 10% of the shares.
Aker Solutions expects to acquire the remaining 10% shares held by Aker Capital when formalities related to waivers from the participants in Aker Solutions’s bank syndicate are in place. The transactions value Taubatkompaniet’s previous shareholding in Aker Marine Contractors at NOK740 million.
Aker Marine Contractors also has entered into a five-year charter with options with Taubatkompaniet, for the BOA Deep C vessel. Aker Marine Contractors has had full marketing control of BOA Deep C since 2004, and since its introduction the vessel has seen almost full utilization.
Mads Andersen, executive vice president of Aker Solutions, said: This acquisition reflects our long term strategy to expand our foothold and further strengthen our position across the value chain of marine operations and oilfield services.
