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Acquisition of shares in Höganäs Borgestad Holding AB

Acquisition of shares in Höganäs Borgestad Holding AB

Borgestad ASA (the “Company “) has, through its wholly-owned subsidiary Borgestad Industries AB, today entered into a contract to purchase 4.62% of the shares in Höganäs Borgestad Holding AB from one of the minority shareholders of said company. Höganäs...
Acquisition of shares in Höganäs Borgestad Holding AB

Maintenance contracts with iron ore and steel companies in the Nordics

The Höganäs Borgestad Group, which operates the refractory business of Borgestad ASA, has entered into three maintenance contracts with a total estimated contract value of SEK 140 – 185 million. The contracts will be delivered within the installation business of the...
Acquisition of shares in Höganäs Borgestad Holding AB

Repayment of tax debt in Sweden

Borgestad, 27 December 2023: Höganäs Borgestad, a subsidiary of Borgestad AS (the “Company”), has today repaid its tax debt to Swedish tax authorities of SEK 75.4 million, with the addition of outstanding interest, through a voluntary early repayment. The...
Acquisition of shares in Höganäs Borgestad Holding AB

Completion of refinancing

Reference is made to the stock exchange notification from Borgestad ASA (the “Company”) earlier today, 20 December 2023, regarding the final results of the subsequent offering of shares in the Company, as well as earlier stock exchange notifications from...