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New Deal


Announced

Completed

Ferd completed a NOK400m investment in General Oceans.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Marine Transportation

Acquisition

Minority

Completed

Friendly

ocean technology

Cross Border

Private

Private Equity

Single Bidder

Synopsis

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Ferd, a Norwegian family-owned investment company, completed a NOK400m investment in General Oceans, a group of operating companies within the ocean technology industry. ''Ferd is pleased to be chosen as partner and looks forward to further developing the company alongside the principal shareholder and CEO Atle Lohrmann, as well as the rest of General Oceans. The potential of marine technology intrigues us, and we believe there will be a high demand for products that assist in understanding what happens beneath the sea surface,'' Ferd.

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