Pelagia owns 100% of Hordafor AS

The relevant competition authorities have approved the agreement where Pelagia AS buys 50% of the shares in Hordafor AS from Partrederiet Karoløs ANS and one smaller shareholder. From today, 1. July 2021, Pelagia owns 100% of the shares in Hordafor.

We are very pleased with the approval says CEO in Pelagia AS, Egil Magne Haugstad. There are several reasons why Pelagia and Hordafor are a good match. We can achieve much more together than individually, and together we can provide our customers and partners with even better products and services. Hordafor complements Pelagia in many areas, such as logistics, service solutions and product mix.

Although Pelagia now owns 100% of the shares in Hordafor, this does not mean operational changes for Hordafor and for Hordafor` s customers and partners, it will be business as usual.

Haugstad emphasizes that there is no planned downsizing in connection with the purchase. – We are impressed with the staff in Hordafor, and welcome everyone into the group.

For any questions, please contact CEO Egil Magne Haugstad.