Nes Prestegjelds Sparebank (OB:NESG) agreed to acquire Hol Sparebank (OB:HOLG) from Terra Forvaltning, MP Pensjon and others for NOK 21.6 million on January 21, 2013. After the transaction, businesses and jobs in Nes Prestegjelds Sparebank and Hol Sparebank will be maintained.

The combined savings bank business address will be Geilo in the Hol municipality, and the bank will have offices in Nesbyen, Hol, Gol, Drammen, Fla, Rodberg and Sigdal. Hans Kristian Glesne, Chief Executive Officer of Nes Prestegjelds Sparebank, will become the Chief Executive Officer of the amalgamated bank. Trond-Erik Birkeland, Chief Executive Officer of Hol Sparebank, will be Deputy Chief Executive Officer of the amalgamated bank. George H. Fulford, Chairman of the Board of Nes Prestegjelds Sparebank, will be the Chairman of the amalgamated bank, while Lars Terje Slake, Chairman of the Board of Hol Sparebank, will be the Vice Chairman of the amalgamated bank. The transaction is expected to be completed within February 2013.

Nes Prestegjelds Sparebank (OB:NESG) signed an agreement to acquire Hol Sparebank (OB:HOLG) from Terra Forvaltning, MP Pensjon and others on February 21, 2013. The exchange ratio for the transaction will be 1:1. Nes Prestegjelds Sparebank will be issuing 0.4 million new equity certificates to the owners of equity certificates in Hol Sparebank who will hold approximately 21% of the equity certificates in the merged company. The merged company will change its name and look to continue its listing on the Oslo Stock Exchange. A new name will be suggested prior to completion of the merger. Until then the ticker code NESG is being used. The merger is subject to the approval and is expected to take effect in June 2013.

As of March 5, 2013, Nes Prestegjelds Sparebank announced that after the merger of the companies, over 99% of equity certificates are expected to spread among the public, and that there will be approximately 650 equity certificate holders who own equity certificates with a value of over NOK 0.01 million. The transaction was approved by Board of Trustees of Hol Sparebank and the Board of Trustees of Nes Prestegjelds Sparebank on April 4, 2013. The working title for the combined bank till further notice will be Hol og Nes Sparebank. The merged company will continue to be a partner and shareholder in Eika Gruppen AS. Nes Prestegjelds Sparebank will continue its listing on the Oslo Stock Exchange.

On June 7, 2013 Finanstilsynet submitted a recommendation to Finansdepartement regarding approval of the merger between Nes Prestegjelds Sparebank and Hol Sparebank. As of October 2, 2013, Nes Prestegjelds Sparebank announced that following the merger the new entity's name will be Skue Sparebank. The transaction has been approved by the Finansdepartementet on October 2, 2013. As of October 11, 2013, the transaction was approved by the Finanstilsynet.