Calviks acquisition of Subshore wins Norwegian competition clearance

Bitget2026/10/13 11:32

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Calviks received Norwegian Competition Authority clearance for its planned purchase of 70% of Subshore.no.
Deal values Subshore at about NOK 255 million cash- and debt-free; 70% stake priced at about NOK 178.5 million.
About NOK 125 million is due in cash at closing; two performance-based earn-outs could follow.
Subshore targets 2026 revenue of about NOK 910 million, EBIT of about NOK 55 million.
Closing is targeted for end-October; the cash payment is funded from Calviks’ SEK 650 million senior secured bonds issued in October 2026.

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. Calviks AB (publ) published the original content used to generate this news brief on October 13, 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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Calviks acquisition of Subshore wins Norwegian competition clearance

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