Arctic Bioscience AS (OB:ABS) acquired Arctic Algae As from Ronja Capital II AS for enterprise value NOK 16.3 million on February 13, 2023. Net cash position of NOK 5.5 million. The transaction will be fully paid by shares. A third party fairness opinion has been conducted by Converto AS.

Arctic Bioscience AS (OB:ABS) completed the acquisition of Arctic Algae As from Ronja Capital II AS on February 13, 2023.