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EQVA Acquires IMTAS to Bolster Northern Norway Market Position

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EQVA Acquires IMTAS to Bolster Northern Norway Market Position

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

EQVA has announced the acquisition of IMTAS, a leading industrial services provider in Northern Norway, to enhance its service offerings and market position in the region. This acquisition, expected to complete by March/April 2025, includes a significant framework agreement for delivering pipes, steel, and industrial services to a mineral production customer, highlighting EQVA’s strategic growth in industrial services and strengthening its comprehensive service capabilities across Norway.

More about Havyard Group ASA

EQVA, listed on the Oslo Stock Exchange, focuses on acquiring and developing companies that provide productive, safe, and sustainable industrial services across selected sectors. The company emphasizes long-term ownership and value creation through sustainable development and growth. EQVA operates through three platforms: Industrial Solutions, Renewables, and Real Estate, with Industrial Solutions generating over 90% of its revenues in 2024.

YTD Price Performance: 25.62%

Average Trading Volume: 1,800

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €36.09M

Find detailed analytics on 1H2 stock on TipRanks’ Stock Analysis page.

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