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Thomas Wilhelmsen submits counter-offer to buy out relatives

Thomas Wilhelmsen plans to buy members of his family out of the Wilhelmsen group for a sum totaling NOK 1.4 billion, reports Dagens Næringsliv. The offer is described as a one-time offer, according to the newspaper.

Photo: PR / Wilh. Wilhelmsen

Thomas Wilhelmsen has made an offer to seven close relatives offering to buy them out of the Norwegian Wilhelmsen group.

Business daily Dagens Næringsliv reports that Thomas Wilhelmsen, CEO of Wilh. Wilhelmsen, has offered his aunt and six cousins NOK 1.4 billion (USD 154.5 million) to buy them out of the group. Specifically, his company Cetus has offered to buy their jointly owned holding company Taurus.

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