Announced
Financials
Tags
Friendly
Cross Border
Private
Private Equity
Marine Transportation
marine transportation
ferries
Norway
Acquisition
Single Bidder
Pending
Majority
Synopsis
CBRE Investment Management, a real assets investment management firm, agreed to acquire the remaining 50% stake in Norled, a ferry and express boat operator, from CapMan Infra, a private equity firm. Financial terms were not disclosed. “We believe Norled continues to be an attractive European transportation infrastructure investment opportunity due to the long-term availability-based contracts, which have contributed to the resilience of these assets, coupled with the support of the Norwegian government’s accelerated shift to green technologies. We have appreciated partnering with CapMan to grow Norled and now look forward to further advancing this pioneering ferry company,” Andreas Köttering, CBRE Investment Management Head of Europe Private Infrastructure.
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