Oster Pukk og Sand AS has been acquired by Group De Cloedt
December 2015 — Oster Shipping AS has sold Oster Pukk og Sand AS to Group De Cloedt for an undisclosed consideration.
Oster Pukk og Sand AS, a subsidiary of Oster Shipping AS, is a major quarry and rock crushing plant in Norway. The company, with more than 125 years' experience, produces and sells stone materials for asphalt, concrete, rail, road and offshore purposes.
Group De Cloedt is a Belgian group with four divisions: dredging, aggregates, ready-mixed concrete and environment and soil cleaning. The group has expanded internationally through acquisition in France, Holland, the United Kingdom, Norway and Denmark.
Oster Shipping AS is a specialist ship operator in the dry cargo sector. The company operates in the European coastal dry bulk trade, with particular emphasis on the carriage of aggregates, gravel and asphalt to a number of European ports and also destinations along the Norwegian coast.
Our role in the transaction
Oaklins' team in Norway advised the seller in this transaction.
Talk to the deal team
Related deals
Trevi Finanziaria Industriale has finalized a rights issue
Trevi Finanziaria Industriale S.p.A. has successfully finalized a rights issue. The capital increase was aimed at strengthening the group’s financial flexibility, supporting the implementation of its business plan and preserving its ability to pursue selective inorganic growth opportunities consistent with its business activities.
Learn moreMäder Group has welcomed new minority shareholder Whitestone Group, BNP Paribas Développement has reinvested
Mäder Group, a specialist in high value-added paints and composites solutions, has renewed its shareholding structure through an investment by Whitestone Group, a listed Belgian investment holding company, while BNP Paribas Développement has reinvested.The founding family will continue to lead the group through its current chairman and CEO, Julien Molina. Bpifrance and Naxicap Partners, long-standing partners of the Mäder Group since 2010, have fully exited their investments. The new capital structure is designed to enable Mäder Group to continue executing its growth strategy through both organic expansion and strategic acquisitions.
Learn moreLomboser has partnered with Growth Partners Capital
Growth Partners Capital has acquired a minority stake in Lomboser S.A., establishing a strategic partnership to support the company’s next phase of growth and expansion across Iberia.
Learn more