Fabritius, owned by Gilsten, bought all Storebrand’s shares in Værdalsbruket.
The case is being updated.
BjørnRune Gjelsten purchased 100% of Værdalsbruket from Storebrand.
Stock Exchange Announcement on Wednesday.
According to a stock exchange announcement, Værdalsbruket is Norway’s second largest private forest owner company. According to the company, the company is a forest and mountain property, covering 58% of the city of Verdal. website.
Gjelsten said in a press release that this is a huge privilege and a rare opportunity to take over a special and beautiful property that has been carefully managed by Storebrand for a long time.
He further stated that they have a long-term vision for ownership and that they will work with the current government and the Verdal city government to develop opportunities in the property.
According to the press release, the Fabritius Group took over ownership and was once again wholly owned by Gjelsten Holding AS. Storebrand pointed out in the report that it is assumed that the transaction will produce “approximately $500 million in positive contributions” to the results of the second quarter of 2021.
Since 1935, Værdalsbruket has been owned by Storebrand. The company is mainly engaged in forestry and forestry.In addition to cabin rent, courses and meetings, and hunting and fishing, they also wrote website. According to Værdalsbruket AS, the property is approximately 900,000 acres, which has hardly changed in the past 200 years.