AKH HoldCo AS (Aker ASA) Merges with Aker Horizons Holding AS; Aker Horizons Distributes AKHH Shares to Shareholders

Helix Energy Solutions Group and Hornbeck Offshore Services Combine in All-Stock Merger

April 23, 2026

Industrial Services

Helix Energy Solutions Group, Inc. and Hornbeck Offshore Services, Inc. entered into a definitive all-stock transaction to combine and form an integrated offshore services company. The merged company will operate under the Hornbeck Offshore Services name and trade on the NYSE under ticker “HOS,” with Hornbeck shareholders owning ~55% and Helix shareholders ~45% upon closing.

Aker ASA Lends Shares to Facilitate Merger Settlement with Aker Horizons

June 11, 2025

Infrastructure

Aker ASA announced a conditional share lending agreement with TRG Holding AS lending up to 430,000 shares to facilitate settlement of merger consideration shares related to Aker Horizons Holding AS’s merger with a subsidiary of Aker ASA (announced May 9, 2025). Shareholders in Aker Horizons (excluding Aker’s subsidiary Aker Capital AS) will receive merger consideration comprising cash and shares in Aker upon completion of the merger.

Akastor ASA Completes Transfer of Mitsui’s Interests in AKOFS Offshore

January 14, 2025

Energy

Akastor ASA completed the transfer of all Mitsui’s interests in AKOFS Offshore AS, increasing Akastor’s ownership to 75%. Simultaneously, Akastor and MOL entered a new shareholders agreement and agreed to transfer an additional 8.3% of shares from Akastor to MOL, with completion expected later in Q1 2025.

Baker Hughes and Akastor Form HMH

October 1, 2021

Energy

Baker Hughes' Subsea Drilling Systems business and Akastor ASA's wholly owned MHWirth have merged to form HMH, a global offshore drilling equipment company jointly owned (50/50) by Baker Hughes and Akastor and effective October 1, 2021. HMH is headquartered in Amsterdam with major operational centers in Houston, USA and Kristiansand, Norway, combining product and service portfolios to deliver offshore drilling equipment and pursue energy-efficient solutions and adjacent-market opportunities such as renewables and mining.

PHM Group (Norvestor-backed) Acquires Kotikatu Holding Oy

September 24, 2020

Real Estate

PHM Group, majority owned by a fund managed by Norvestor, has agreed to acquire Kotikatu Holding Oy, a leading residential property maintenance services provider in Finland. The transaction creates a larger Nordic residential property maintenance group with expanded presence across Finland and Sweden, accelerating PHM's Nordic expansion and consolidation strategy as a Norvestor-backed platform.

A.P. Moller Holding Acquires KK Group A/S

July 10, 2019

Energy

A.P. Moller Holding has agreed to acquire KK Group A/S (marketed as KK Wind Solutions), a Denmark-headquartered provider of power electronic systems, cooling and monitoring solutions for the wind industry. The acquisition is intended to accelerate KK Group’s global expansion and follow its customers’ international growth while leveraging A.P. Moller Holding’s global network and resources.