June 27, 2013 - Assignment

Triton acquires 76.3% stake in Infratek ASA

Triton has acquired a 76.3% stake in Infratek ASA from Hafslund ASA and Fortum Nordic AB for approximately NOK 682 million (NOK 14 per share). Infratek is listed on Oslo Börs and after execution of this acquisition, Triton will make a mandatory offering for the remaining shares in the company. The acquisition is subject to merger clearance in Norway and Sweden.

Infratek is a Nordic provider of consulting services for construction, operation and maintenance of critical infrastructure. The group has approximately 1,700 employees and around 40 offices in Sweden, Norway, Finland and Denmark. In 2012, Infratek reported an annual turnover of approximately NOK 2.8 billion, of which Sweden accounted for nearly NOK 1.4 billion.

Triton was advised by Mannheimer Swartling on Swedish law in the transaction. The firm’s team included Jan Holmius, Patrik Lilieblad, Martin Sjölund and Isabel Lindeberg (M&A), Ola Axelsson (Employment Law), Arman Azad (Real Estate), and Stefan Perván Lindeborg and Lisa Staxäng (Competition).