Arcus ASA: Vectura and Cuveco to investigate a merger

Report this content

Vectura and Cuveco have agreed to investigate a merger of the two companies. In an industry with strong competition and low margins, the two players plan to establish a joint company that will develop even better services to their customers.

By merging the two companies, one will also achieve a size that makes it easier to invest for the future in automation, digitalisation and sustainable solutions.

Vectura and Cuveco complement each other well. A merger will use the best systems and routines from the two companies, ensuring that a combined company becomes stronger. In the first phase, the companies will operate as they do today, but with one management.

Merger information will be submitted to relevant authorities.

Questions regarding this notice can be directed to Group Director Communications and IR, Per Bjørkum, telephone +47 922 55 777 or mail per.bjorkum@arcus.no.