Other holdings

  • September 13, 2014
  • 12:19

Akastor has a portfolio of other holdings which it manages separately from the other portfolio businesses.

Real estate and other holdings

Akastor manages a subletting portfolio and a few development projects.

The other holdings are: a 76 percent stake in the drilling waste products and services company Step Oiltools, 50 percent of DOF Deepwater, a joint venture with DOF ASA, which owns and operates five anchor handling tug supply (AHTS) vessels – the geological services firm First Geo, and investments in Aker Pension Fund Company and Aker Insurance Company.

FAST FACTS
Country:

Norway

Geographical market:

International

Sector:

Investment

Operating revenue:

NOK 975 million (2014)

EBITDA:

NOK -260 million (2014)