News from Rieber & Søn
Transactions, changes to the portfolio, and news from the building on Kalfarveien.
Rieber & Søn Increases Its Stake in Scana ASA to 33.54 Percent
Rieber & Søn has strengthened its position as the largest shareholder in Scana ASA by purchasing additional shares in the company. Its ownership stake has increased from 9.27 to 33.54 percent.
A Memorable Summer at Kalfaret
The summer students summarize six weeks of project work for us and for the portfolio companies, and share what they’ve learned.
Rieber & Søn Sells TCO to Innovex
As of July 1, TCO became part of Innovex, a leading international technology company in the energy sector. The transaction was settled in cash and stock.
Rieber & Søn Increases Its Stake in Eiendomskreditt to 49.1 Percent
Rieber & Søn has strengthened its position as the largest shareholder in Eiendomskreditt AS. Its ownership stake has increased to 49.1 percent through the purchase of shares from Meteva AS.
Trond Valvik Appointed New CEO
Valvik is taking over after several years of strong portfolio growth, and comes from the role of Head of Investments.
Our Summer at Rieber & Søn
This summer, we were fortunate enough to spend six weeks as interns at Rieber & Søn. From our very first day at Kalfaret, we were greeted with warm smiles, open doors, and a genuine interest in who we were. After an introduction to the company and its portfolio companies, we were quickly thrown into
Press Release, December 17, 2024
A Nordic Success Story
Acquisition of Accept Försäkringsaktiebolag (publ)
Accept Försäkringsaktiebolag (publ) is joining the Rieber & Søn portfolio
A summer to grow!
It was an excited group that gathered at Kalfaret in mid-June 2024. This summer, we’ve had the pleasure of serving as interns at Rieber & Søn, and we’ve had the opportunity to work on a number of interesting and educational projects for their portfolio companies. Right from our first day on the job, we got
From Summer Intern to a Career at Rieber & Søn
In the summer of 2023, we met the talented and cheerful Rubab for the first time, and he and the rest of the summer interns did a tremendous job on various projects, both internally and for the portfolio companies.
Greetings from this year's summer students
Throughout the summer, we’ve been working on a number of interesting and educational projects for Rieber & Søn’s portfolio companies. Our first day on the job consisted of an introduction to Rieber & Søn’s business, followed by several team-building activities to get to know each other better, which we thought was great
Thank you for having us!
We are six lucky students who have had the opportunity to spend the summer at Rieber & Søn
Rieber & Søn Summer Interns 2021
As summer interns, we’ve had the opportunity to work on a variety of projects for the company’s portfolio companies. The learning curve has been steep, no two days have been the same, and we’ve looked forward to going to work every day.
Rieber & Søn Is Making Further Investments in the Insurance Industry
Throughout 2020 and into 2021, WaterCircles has experienced strong growth in new sales volumes, which in turn has led to strong growth in its premium portfolio. In 2020 alone, the premium portfolio grew by over 30% and has now surpassed half a billion kroner. Despite this growth, claims volumes have remained s
Carasent ASA Acquires Avans Soma
Carasent ASA has acquired the Norwegian company Avans Soma Holding AS, a developer of leading medical record systems and IT solutions in the Norwegian healthcare market.
Knowit Acquires Creuna and Becomes the Largest Digital Agency in the Nordic Region
Demand for digital services is growing rapidly in both the private and public sectors as a result of changing customer behavior in society. This trend has been further amplified by the COVID-19 pandemic. Knowit is already well-positioned, with broad expertise in system development and digital transformation.
Avans + Soma Solutions = Avans Soma
In 2017, Rieber & Son became a shareholder in Avans, a software provider in the health, rehabilitation, and vocational rehabilitation market. Avans has now merged with Soma Solutions after having been competitors—in part in the same market—for over 15 years.
Rieber & Søn has partnered with Fjordkraft on a new technology initiative.
Metzum is the name of the new company that provides cutting-edge software to electricity suppliers and grid operators. Rieber & Søn and Fjordkraft each hold a 40% stake. The employees own 20%.
AS Atlantis Vest has changed its name to Rieber & Søn AS
The company has now reverted to its former name, Rieber & Søn AS
Atlantis Vest Invests in Software Company Avans
Atlantis Vest is investing in the software company Avans and will become the company’s new majority shareholder. As part of the agreement, Avans will receive capital to support its continued expansion and growth. Founder and former majority shareholder Magnar Høyvik will remain with the company as its CEO and shareholder.
Atlantis Vest has invested in Eiendomskreditt
Through the purchase of shares and the exercise of subscription rights, Atlantis Vest has acquired a total of 22.7% of Eiendomskreditt AS. The total transaction value is 109.6 million kroner.
WaterCircles Insurance
WaterCircles is an insurance company that previously operated as a managing general agent, with If as its owner and risk carrier. The company focuses on property and casualty insurance for select groups.
Mediability
In April, it was announced that Video4, AVIT-Systems, and Mediateket would be merged under common ownership, with Atlantis Vest as the new majority owner. For many years, all three companies have independently supplied equipment, solutions, and services to the media production market in Scandinavia, but the desire to meet customers’
Atlantis Vest is investing in and bringing together Mediateket, Video 4, and AVIT-Systems into a new and exciting group
The new group will offer a wide range of media solutions and services to companies involved in content production and distribution, and will focus primarily on Scandinavia and Northern Europe.
Atlantis Vest Invests in Flexleie and Enters the Rental Industry
Since its founding in Bergen in 2002, Flexleie has enjoyed steady development and strong organic growth. The company is a major player in the rental of lifts, personnel lifts, and machinery for the construction, civil engineering, industrial, and transportation sectors, with equipment in operation across much of Norway. Flexleie has a modern fleet of equipment
An Eventful Year for TCO
During the spring and summer of 2015, TCO strengthened its organization. Among other things, the company recruited Halle Aslaksen from ALTUS Intervention. Halle took office as CEO on May 22 and immediately set to work addressing the challenges and opportunities facing the company and the industry as a whole. Atlantis Vest
Tieto Acquires Software Innovation from Atlantis Vest and Meteva
Software Innovation is a recognized market leader in the Nordic region in the field of enterprise content management, serving both the public and private sectors. The company has gained market share and enjoyed solid profitability in recent years. Software Innovation has approximately 350 employees, and in 2014, the company generated revenue of