tiprankstipranks
Company Announcements

EQVA ASA Acquires IMTAS Group to Boost Market Position

Story Highlights
EQVA ASA Acquires IMTAS Group to Boost Market Position

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

EQVA ASA, through its subsidiary Eqva Industrial Solutions AS, has announced its acquisition of the IMTAS Group, a provider of industrial services in Northern Norway. This acquisition marks EQVA’s largest transaction to date and is expected to increase the company’s revenues by approximately 30%, enhancing EQVA’s market position and service offerings, particularly in Northern Norway’s process industry, aquaculture, renewable energy, and construction sectors.

More about Havyard Group ASA

YTD Price Performance: -5.83%

Average Trading Volume: 1,800

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €30.59M

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1