Color Group AS acquires the remaining shares in ONS Ship Finance AS

June 21, 2024

Color Group AS has agreed to purchase 61.4% of ONS Ship Finance AS from its parent company, O.N. Sunde AS, for NOK 400 million, based on an independent valuation.

This acquisition will be settled by offsetting intercompany balances.

Color Group AS, through Color Line AS, already owns 38.6% of ONS Ship Finance AS, thus becoming the sole owner of RoPax SuperSpeed 2.

Source: Euronext