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AF Gruppen to Acquire Majority Stake in Eviny Solutions

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AF Gruppen to Acquire Majority Stake in Eviny Solutions

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AF Gruppen ASA ( (AGRUF) ) has issued an announcement.

AF Gruppen has entered into an agreement to acquire 80% of Eviny Solutions, an engineering and contracting company specializing in electrical infrastructure. This acquisition positions AF Gruppen to enhance its competitiveness in complex projects and expand its operations in the energy sector. The transaction, valued at up to MNOK 140, is contingent on regulatory approval and is expected to complete in Q3 2025. Eviny Solutions will remain a separate entity within AF Gruppen’s Energy and Environment business area.

The most recent analyst rating on (AGRUF) stock is a Hold with a NOK145.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen is a company focused on addressing societal challenges, particularly in the energy sector. It aims to lead in upgrading power grids and electrification to ensure a sustainable power supply.

Average Trading Volume: 30,207

Current Market Cap: NOK16.32B

For an in-depth examination of AGRUF stock, go to TipRanks’ Overview page.

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