BUSINESS COMBINATIONS AND SALE OF BUSINESS
BUSINESS COMBINATIONS AND SALE OF BUSINESS IN 2022
Dykab
In May 2022, End\u00far ASA through subsidiary Marcon-Gruppen I Sverige AB, acquired 100 % of the shares in Dykab, a company providing marine infrastructure services out of Lule\u00e5, a city located in Norrbotten, Sweden\u2019s northernmost county. The acquisition strengthens Marcon\u2019s strategic foothold in marine infrastructure and contributes as a growth platform for Marcon's activities in Northern Sweden.
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Dykab
Cash considerations
8.6
Total considerations
8.6
Book value of net assets and liabilities at recognition
3.9
Excess values
4.7
Allocated to identifiable excess values
4.3
Allocated to goodwill
0.4
Cash consideration
8.6
Cash balance at recognition
3.4
Cash outflow (+) /inflow (-)
5.2
See note 26 for the consolidated results of operations from Dykab in 2022.
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Total considerations
20.8
Share of group equity at demeasurement
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7.2
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0.0
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BUSINESS COMBINATIONS AND SALE OF BUSINESS IN 2021
In March 2021, End\u00far acquired Artec Aqua AS and Marcon-Gruppen I Sverige AB, for details regarding the transactions, please refer to the Group\u2019s Annual report 2021. For discontinued operations in 2021, see note 9.