Presentation

Founded in 1841, Aker is a Norwegian industrial investment company that targets to combine industrial competence with financial strength. Aker looks to create shareholder value through active ownership in industries where the company has in-depth knowledge, such as oil and gas, maritime and seafood & marine biotech. The company is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange. Kjell Inge Røkke is Aker’s principal shareholder, owning ~67% of the shares.

Aker separates between industrial and financial holdings. Its listed industrial holdings are the E&P company Aker BP (40% ownership, 57% of GAV as of Q2’20), oil service companies Aker Solutions (34.8% ownership), Akastor (36.7%) and Kværner (28.7%), and Ocean Yield (61.7%) and Aker Biomarine (77.8%). The private industrial holdings are the renewable power and green tech holding company Aker Horizons (100%), Aker Energy (50.8%) and industrial software company Cognite (64%). In addition, Aker has equity investments in listed companies American Shipping Company, Philly Shipyard, REC Silicon and Solstad Offshore, and a real estate portfolio.