Fortaco completes the sale of its marine business in Gruza, Serbia

Fortaco Group Holdco Plc’s subsidiary, Fortaco Oy announced on 23 May 2025 having signed an agreement to sell its marine business in Gruza, Serbia to Entec Evotec AS. Evotec is a Norwegian based technology company providing winches, booms, spooling devices, and cranes powered by Evotec’s innovative control system. Business Site Gruza was subject to the strategic evaluation of marine, energy, and heavy project businesses ongoing from February until November 2024.

As customary closing conditions have been met, the transaction has been successfully completed on 11 June 2025.

Press release published on 12 June 2025 at 14.00 CET.