The owners of Aker Holding have mutually agreed that the company will keep its Aker Kvaerner shares for at least 10 years. During 2007 a long-term and stable ownership structure was established for Aker Kvaerner, as more than 40% of the shares in the company were transferred from Aker to Aker Holding, a holding company controlled by Aker.
Martinus Brandal, president and CEO of Aker Kvaerner, said: With this clarification of ownership and the many business opportunities we see ahead in the interface between Aker Kvaerner and other Aker companies, we found the time right to change name and clarify our close ties with other companies in the Aker family.
The new name, Aker Solutions, represents a simplification and strengthening of our corporate identity, and it outlines our offering of comprehensive industrial solutions.
