The latest update is out from Havyard Group ASA ( (DE:1H2) ).
EQVA ASA has announced its acquisition of IMTAS Group, a strategic move enhancing its market position and expanding its service offerings with an approximate 30% increase in revenues. This acquisition is expected to broaden EQVA’s geographical reach and diversify its revenue streams, particularly strengthening its presence in Northern Norway across various industries including process, aquaculture, renewable energy, and construction. With this transaction, EQVA will leverage operational synergies, enhance its service capabilities, and strengthen its position as a comprehensive service provider, potentially leading to significant financial benefits and increased value for stakeholders.
More about Havyard Group ASA
EQVA ASA is a company group specializing in acquiring and developing tier-1 companies that provide productive, safe, and sustainable services and solutions to leading industrial companies. The company is dedicated to long-term ownership, focusing on creating value through sustainable development, growth, and profitability.
YTD Price Performance: -5.83%
Average Trading Volume: 1,800
Technical Sentiment Consensus Rating: Hold
See more data about 1H2 stock on TipRanks’ Stock Analysis page.