Basalt Infrastructure Partners to acquire Nobina for $1bn.

Basalt Infrastructure Partners, a private equity firm, agreed to acquire Nobina, a transport company, for $1bn. "The offer represents an all-time high valuation of Nobina and provides a good opportunity for investors to realize their investments at an attractive premium. We appreciate the high quality of Nobina’s management, employees, operations and strong relationships with business partners and customers in various regions. We are excited about the opportunity to support Nobina and contribute to the development of the public transport systems in the Nordics by drawing upon our extensive experience in managing and growing companies in the transport sector," Rob Gregor, Basalt Infrastructure Partners Managing Partner.