Aabø-Evensen & Co acted as legal advisor to Goodtech ASA (Goodtech) in connection with their sale of all shares in Goodtech’s subsidiary Goodtech Environment AS (GEAS) to the Chinese company Anhui Guozhen Environmental Protection Technology Joint Stock Co. Ltd, a large-scale environmental technology company operating within the wastewater treatment and waste management industry in the Anhui province in China.
The sale of GEAS will clarify Goodtech’s focus on project activities and is consistent with Goodtech’s strategy and communication to the market.
Goodtech ASA is listed on the Oslo Stock Exchange, and has a yearly turnover of approximately NOK 2.4 billion. The company provides project-based solutions, services and products within the electrical and process engineering, environmental engineering and industrial technology sector to the energy, manufacturing, infrastructure, real estate and public sectors in the Nordic region. Goodtech has approximately 1,500 employees spread on 40 different locations in Norway, Sweden and Finland.
To go to the stock exchange notice published today, click here.