The latest update is out from Havyard Group ASA ( (DE:1H2) ).
EQVA ASA, through its subsidiary EQVA Industrial Solutions AS, has agreed to acquire Austevoll Rørteknikk AS, a company specializing in piping services for the aquaculture industry. This strategic acquisition aims to enhance EQVA’s presence in the aquaculture sector, expand its customer portfolio, and create industrial synergies, while ART’s management will remain to ensure continuity and growth.
More about Havyard Group ASA
EQVA ASA is a Norwegian compounder company listed on the main board, specializing in acquiring and developing tier-1 companies that offer productive, safe, and sustainable services and solutions to leading industrial companies. The company focuses on long-term ownership and value creation through sustainable development, growth, and profitability. EQVA operates on three platforms: EQVA Industrial Solutions, Renewables, and Real Estate, with EQVA Industrial Solutions being the primary revenue generator.
YTD Price Performance: 25.62%
Average Trading Volume: 1,800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €36.09M
Learn more about 1H2 stock on TipRanks’ Stock Analysis page.