Sale of a Stingray Marine Solutions AS (NO) to Novo Holdings A/S (DK) – Amount not disclosed

Carnegie acted as financial advisor to Stingray Marine Solutions AS and its owners in the sale of a majority stake to Novo Holdings A/S, alongside Stingray’s management team and employees.

Stingray specialises in intelligent aquaculture technology aimed at increasing sustainable salmon production.

Novo Holdings is a Danish holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation.