Announced

Completed

Qben Infra completed the acquisition of ININ Group for £68.4m.

Synopsis

Qben Infra, a group specializing in the acquisition and development of platforms within infrastructure services in the Nordics, completed the acquisition of ININ Group, an industrial owner investing into companies within infrastructure services niches in the Nordics, for £68.4m. “With Qben Infra, we are building a leading group specializing in the acquisition and development of platforms within infrastructure services in the Nordics. We see strong tailwinds in our markets with underinvested infrastructure and increasing electrification. Both Sweden and Norway have announced record infrastructure investment budgets. Our team has extensive sector experience and a proven ability to drive organic growth and margin improvements in our companies. We look forward to continuing our growth journey as a listed company in Stockholm, together with all our employees, portfolio companies and our shareholders,” Øivind Horpestad, ININ Group CEO.

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