AF Gruppen

Legal Proceedings Report • Dec 17, 2021

Process with Aker Solutions is terminated

Process with Aker Solutions is terminated

We refer to public announcement July 1st 2021 regarding LOI to merge AF Gruppen’s and Aker Solutions’ existing offshore decom operations.

Although the strategic rationale is still strong, the parties have not succeeded in reaching a final agreement, and the process is hereby ended. AF Gruppen looks forward to continuing a constructive relationship with Aker Solutions in other business areas in the future.

For further information:

CEO AF Gruppen: Amund Tøftum, tel. +47 920 26 712

CFO AF Gruppen: Sverre Hærem, tel. +47 952 45 167