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Leif Hoegh to keep focus on vehicles, LNG

OSLO, April 28 (Reuters) - Norwegian shipping group Leif Hoegh will keep its focus on transporting vehicles and liquefied natural gas (LNG) and sees chances to grow after a planned family buyout launched on Monday, a bidder said.

"All medium-sized and small companies with a concentrated ownership are suffering from less attention than previously from the big institutions," Leif Hoegh, who shares the company's name and is a leader of the bid, told Reuters.

Hoegh is chairman of family-owned Aequitas Holding which launched a takeover offer at 124 Norwegian crowns ($17.52) per share on Monday, valuing the group at $505 million. Aequitas already controls 83.2 percent, and Leif Hoegh shares jumped 25 percent to 123.5 on the Oslo bourse.

"We continue to see oppotunities to grow," Hoegh said, adding that the company would keep its focus on vehicle transportation and LNG.

Asked if the family planned job cuts, he said: "absolutely not."