Aabø-Evensen & Co acts as legal advisor to Canica Eiendom AS in connection with its acquisition of 42 % of Lørenskog Vinterpark

Canica Eiendom AS acquires 42 % ownership in Lørenskog Vinterpark, Norway’s first indoor ski arena

The investment in the winter park project, initiated by Selvaag Gruppen ASA, now has the funding it needs, and according to plan, construction of Norway’s first and probably the worlds' largest indoor ski arena starts early summer this year. Completion and readiness is stipulated for early 2019.

The transaction was signed on 3 February this year, and final settlement is expected on 10 March.

“Stein Erik finds this exciting”, says Nils Selte, who Friday 3 Februar signed the agreement on behalf of Stein Erik Hagen's company Canica.

About Canica: Canica is one of the largest privately owned investment companies in Norway, and was founded by Stein Erik Hagen in 1985. The company has large holdings in companies such as Orkla, Jernia and Komplett, and a large real estate portfolio.

Aabø-Evensen & Co acted as legal advisor to Canica Eiendom AS in connection with the transaction.

Click here or here for more information (in Norwegian).