NORBIT ASA Acquires Leading Maritime Tech Firm

Norbit ASA (DE:4NK) has released an update.

NORBIT ASA has successfully completed its acquisition of INNOMAR Technologie GmbH, the leading maritime industry technology company specializing in sub-bottom profilers. The deal included a EUR 34.9 million cash payment and the issuance of 726,272 shares to INNOMAR’s founding management, who are now subject to a 24-month lock-up period. This strategic move is set to enhance NORBIT’s position in the global maritime market and contribute to its mission of promoting sustainability through innovative solutions.

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