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Vard Holdings Acquires ICD Software For NOK91.3 Million
Daily Bulletin | 25 June 2015
By:

Vard Holdings has acquired ICD Software AS from ICD Industries AS for NOK 91.3 million.

The book value of net assets of the transaction was NOK 12.3 million.

ICD Software has leading know-how and experience in automation and drive systems, and is expected to be an important contributor to the development of new products for the company.

The new enlarged Seaonics will be able to develop and deliver significant parts of the equipment for drilling vessels, including automation systems for cranes, winches, and other deck handling equipment, including the innovative drilling tower solutions from part-owned Castor Drilling Solution.


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