Fred. Olsen Ocean divests 50% ownership in United Wind Logistics GmbH

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Fred. Olsen Ocean, a wholly owned subsidiary of Bonheur ASA, has
entered into an agreement for the sale of its 50% stake in United Wind
Logistics GmbH to United Heavy Lift GmbH & Co. KG.

UWL has a fleet of three deck carriers and offers services within marine
transportation.
 
The sales price of the stake is EUR 48.5 million. The ownership in UWL was
originally acquired in 2019 for EUR 12 million. Including a repayment of
shareholder loans, the gross proceeds from the divestment will be approximately
EUR 51.2 million, with closing expected on 30 April 2025.