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New Deal


Announced

Completed

Fremtind Forsikring completed the acquisition of Fjellinjen Utsteder.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Friendly

Majority

toll roads management

Domestic

Single Bidder

Norway

Commercial Vehicles and Parts

Completed

Synopsis

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Fremtind Forsikring, an insurance company, completed the acquisition of Fjellinjen Utsteder, an auto-pass issuer company. Financial terms were not disclosed. "We are satisfied with the sale and happy that the buyer is a solid and innovative player who will take care of toll collection and customers in a good way. The sale is an important step for Fjellinjen's fulfillment of the toll reform and the focus on efficient and customer-friendly toll collection is continued," Janne Oddaker, Fjellinjen CEO.

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