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New Deal


Announced

DIF Capital and EDF Invest to acquire Fjord 1 from Vision Ridge and Havila.

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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Marine Transportation

ferries

Acquisition

Norway

Cross Border

Majority

Private

Pending

Friendly

Private Equity

Synopsis

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DIF Capital, an infrastructure fund manager, and EDF Invest, a private equity firm, agreed to acquire Fjord 1, a floating bridge operator from, Vision Ridge, a sustainable real assets investor, and Havila, an investment company. Financial terms were not disclosed. “We’re very excited to invest in Fjord1, which is operating under a concession-based model, and which is a leader in delivering environmentally friendly and reliable ferry transportation in Norway. We look forward to working with our partner EDF Invest and the company’s management team to continue to invest in new vessels as Fjord1 continues to grow its electrified fleet to support the energy transition of the ferry industry,” Gijs Voskuyl, DIF Partner.

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