J2A, which is 100% owned by Jesper Arkil and Jens Skjøt-Arkil, who are third generation in the Arkil family, and serve as CEO and Director of Business Development in the company, completed the acquisition of a majority stake in Arkil, a construction company, for $100m. "We see ourselves as long-term owners of Arkil, and we do not consider that a listing of Arkil creates sufficient value for the shareholders or for the company compared to the costs it entails. We want to continue to run Arkil, as the company is run today and based on the same strategic compass, but believe that over time we can do this more efficiently in a private context. That is why we now offer shareholders $0.23 per share. B share, which is higher than the highest share price ever. We believe this is an attractive offer for shareholders,” Jesper Arkil, J2A Owner.