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Dear friends of Reiten & Co >>
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NCP II raised a bond issue of NOK 300 milllion enabling a refinancing and substantional distribution to shareholders>>
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Scanship Holding ASA, with its subsidiary Scanship AS, has entered into new contracts for NOK 190 million at two shipyards increasing the total order backlog to NOK 630 million. This represents an increase of 34 % compared to same period last year.>>
Reiten & Co
Congratulations to the Scanship team and CEO Henrik Badin on winning the category «Services» in the Norwegian final of E&Y Entrepreneur of the Year 2018. This is a great achievement and highlights the important work that Scanship does in helping their clients maximize their environmental sustainability impact. >>
Reiten & Co
Ingerø Reiten Investment Company AS (“IRIC”) has today acquired 2.916.667 shares in Navamedic ASA, representing an ownership of 26.84% in the company. IRIC and related parties did not own any shares in Navamedic ASA prior to this transaction, and following the transaction holds 2.916.667 shares in total. >>
Reiten & Co
Scanship records their strongest results ever with third quarter 2018 revenues of NOK 80.1 million and EBITDA of NOK 10.7 million. Accumulated for the year revenues ended at NOK 226.6 million with EBITDA of NOK 27 million.>>
Reiten & Co
Scanship has signed a contract with Billund Aquakulturservice for the delivery of a sludge handling system to Atlantic Sapphire – the world’s largest onshore salmon fishfarm based in Miami. Atlantic Sapphire’s facility will be built in several steps and the Scanship contract includes supplying its “environmental protection and circular economy” technology for the first step. >>
Reiten & Co
Questback has released their cloud-based, survey solution for the education sector, Academic Edition, to the American market in the Amazon Web Services Public Cloud (AWS). As close to 20 million students across the US get ready to enroll in their first day of college or university, Questback brings the power of feedback and insights to the world of academia. This new market offering equips students, professors and researchers with a set of dynamic and powerful survey tools, enabling them to tackle any given number of complex qualitative and quantitative research projects with ease.>>
Reiten & Co
The demand for cleaner ocean systems continues to drive Scanship’s growth. The company reported a strong 1st half of 2018, with a solid 25% revenue growth y/y and a strong 11.1% EBITDA margin. The order book was record high at NOK 513 million, up from NOK 469 million at year-end. >>
Reiten & Co
Nordic Capital Partners IV AS has sold its stake in Totalreform AS to First Mover Group AS (FMG), an industrial company within the office relocation space in Scandinavia. The transaction was closed in Q2 and we are pleased that Totalreform now has found a new home with one of its industry peers. >>
Reiten & Co
Virgin has chosen Scanship and Climeon to supply the three new Virgin Voyager ships with new innovative green technology. Scanship’s MAP (Microwave Assisted Pyrolysis) will reduce the environmental impact by converting organic waste to energy. Climeon will deliver heat power systems which converts low temperature waste heat into electricity.>>
Reiten & Co
Webstep ASA has appointed Ms Liv Annike Kverneland as CFO, starting on September 1st 2018. Ms Kverneland holds extensive experience from the IT and consulting industry, most recently from Computas, and Camo and Making Waves prior to that. >>
Reiten & Co