10.11.2010

Indofin Group announces Fairstar transaction

Indofin Group is pleased to announce that its member company, Roosland Beheer B.V., has agreed to purchase 8.266.728 new shares in Fairstar Heavy Transport N.V., the Rotterdam-based offshore marine heavy transport provider quoted on the Oslo stock exchange (Ticker: FAIR). Roosland Beheer now holds a 10,2% stake in the company.

 Cees de Bruin, Indofin’s Chairman, commented: “We are very impressed by what Philip Adkins and his team have accomplished at Fairstar, developing the company into the leader in its market segment. With this investment, we underline Fairstar’s strategy of continued quality leadership and fleet expansion.”

 For further information, please contact Maarten Douma, Investment Director at Indofin Group, at +31 10 414 45 44.