STOREBRAND ASA: Divestment of AS Værdalsbruket
Storebrand has conducted a strategic review of its ownership in AS Værdalsbruket and has entered into an agreement to sell 100% of the shares in AS Værdalsbruket to Fabritius Gruppen AS, a wholly owned subsidiary of Gjelsten Holding AS. AS Værdalsbruket is the 2nd largest private forest owning company in Norway, located in the Trøndelag county. The company manages significant limestone resources, provides nature tourism experiences and holds an ownership in Inntre Holding AS, a large exporter of building timber. Storebrand has owned AS Værdalsbruket since 1935 and prior to the