BR Industrier Acquires AGR Well Services and Cleanup (Norway)

AGR Group ASA has signed an agreement whereby BR Industrier AS, acquires 100% of the shares in AGR Well Services AS and AGR Cleanup AS in a combined transaction.

The companies are a part of AGR’s Tools & Technology division. The purchase price for the two companies is MNOK 43,2.

The transaction will be completed in February, following mandatory approval by The Norwegian Ministry of Commercial Affairs.

Press Release, February 5, 2013

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