Oslo, March 4 2025 – Arribatec Group ASA (“Arribatec”) has today signed an agreement to divest Arribatec Marine to Star Information Systems AS (“Star”) for an equity valuation of approximately NOK 25 million. The transaction marks a strategic step in Arribatec’s ongoing efforts to sharpen its focus and further strengthen its financial flexibility.
The acquisition by Star, a leading provider of maritime software solutions, ensures that Arribatec Marine will be backed by an owner with deep industry expertise and resources to support its continued growth and development.
…
Vis børsmeldingen
“This transaction is another important milestone in our strategic realignment, allowing us to concentrate on our core business areas while improving our financial flexibility,” said Håkon Reistad Fure, Chairman of the Board of Arribatec Group. “We are confident that under the ownership of Star Information Systems, Arribatec Marine will thrive and continue delivering value to its customers.”
With this acquisition, Star reinforces its position as a key technology partner in the maritime sector, expanding its portfolio of solutions tailored to the industry’s evolving needs.
The transaction is expected to be completed in the coming weeks, subject to customary closing conditions.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and was published by Ole Jakob Kjølvik , CEO, on the time and date provided.
For further information, please contact:
Ole Jakob Kjølvik
CEO, Arribatec Group ASA
+47 915 98 395
olejakob.kjolvik@arribatec.com
About Arribatec | www.arribatec.com
Arribatec is a software and consulting company headquartered in Oslo. With a customer-centric engagement model combined with a deep system, integration, and domain competence, Arribatec builds long-term strategic partnerships with a broad customer base. Arribatec serves more than 1700 companies spread over 25 countries and various industries in the private and public sectors. The company employs over 320 people with offices in 11 countries and is listed on the Oslo Stock Exchange under the ticker code ARR.
Kilde
