Ferd AS (“Ferd”) has entered into a definitive agreement for the sale of a significant stake in Servi Group AS (“Servi Group”) to the investment firm P/F Tjaldur (“Tjaldur”).

Alpha Corporate Finance has acted as financial advisor to Ferd and Servi Group in the transaction.

Servi Group is Norway’s largest producer of power and motion control systems and components to the maritime, fishing, aquaculture, offshore energy, renewables, defense and mainland industries. The company is headquartered outside Oslo in Ski, Norway with two manufacturing facilities in Kongsberg and Rissa as well as six service and assembly sites throughout Norway.

Ferd is a leading Norwegian family-owned investment company owned by the fifth and sixth generation of the Andresen family.

Tjaldur is an industrial holding company registered in the Faroe Islands. Tjaldur focuses its investments in the North Atlantic, with expertise within seafood, energy and related service industries.