Management team acquires Altus Intervention

The Altus Intervention management team has acquired the company from EQT’s fund EQT VI, in a transaction supported by a bank consortium.

Sept. 3, 2020

Offshore staff

STAVANGER, Norway – The Altus Intervention management team has acquired the company through a buy-out.

The management team has acquired the company from EQT’s fund EQT VI, in a transaction supported by a bank consortium.

The transaction is expected to close in 3Q 2020.

The existing management team, led by CEO Åge Landro, will take a majority shareholding position and will appoint a new board of directors.

09/03/2020

Spirit Energy selling full Norwegian offshore portfolio