Brief: Fjord Defence Group Acquires Frydenbø Milpro, Plans Private Placement

Fjord Defence ASA

20/05/2026 15:53

May 20 (Reuters) - Fjord Defence Group ASA DFENS.OL:

ACQUISITION OF FRYDENBØ MILPRO AS AND CONTEMPLATED EQUITY PRIVATE PLACEMENT

ACQUISITION PRICE NOK 168.2 MILLION: NOK 104.9 MILLION IN SHARES, NOK 63.3 MILLION IN CASH

COMPANY TO RAISE NOK 80 MILLION VIA PRIVATE PLACEMENT OF NEW SHARES

PRIVATE PLACEMENT OFFER PRICE SET AT NOK 15.05 PER SHARE

SELLER MAY RECEIVE UP TO NOK 60 MILLION EARN-OUT OVER TWO YEARS BASED ON EBIT

Source text: ID:nObiz5Hjya

Further company coverage: DFENS.OL

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