Qben Infra agrees to sell Team Bygg to Middelborg’s Emercor in earn-out deal up to NOK 100 million

Bitget2026/10/02 15:35

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Qben Infra agreed to sell Team Bygg to Emercor, transferring its Norwegian residential development platform, portfolio, organization, employees.
Consideration up to NOK 100 million, structured as a contingent earn-out tied to net cash proceeds over 30 months post-closing.
Deal expected to cut consolidated debt by about NOK 33.8 million, reducing exposure to project-related guarantee obligations.
Emercor will assume guarantee obligations previously provided by Qben Construction and the wider Qben group for Team Bygg projects.
Completion targeted by end-October 2026, subject to an extraordinary general meeting vote and customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Qben Infra AB published the original content used to generate this news brief on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Qben Infra agrees to sell Team Bygg to Middelborg’s Emercor in earn-out deal up to NOK 100 million

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