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Announced

Vauban to acquire Boreal Holding from China Everbright.

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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Single Bidder

Private Equity

Transportation Services

Norway

Friendly

public transport

Pending

Majority

Acquisition

Cross Border

Private

Synopsis

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Vauban Infrastructure Partners, a private equity firm, agreed to acquire Boreal Holding, a public transportation services provider, from China Everbright, a financial services provider. Financial terms were not disclosed. “Our investment philosophy of focusing on and investing into the people, the most important asset of the business, pays off in that Boreal weathered the COVID-19 pandemic, and strengthened its position as one of the best multi-modal transportation solution providers in Norway. The green transformation Boreal has undertaken demonstrates EOIIF’s determination in integrating ESG into its investment philosophy, an excellent example that responsible investment and investor return can co-exist," Daniel Hu, China Everbright Managing Director.

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