DIF Infrastructure VII, a fund managed by Dutch Infrastructure Fund B.V. and EDF Invest entered into a definitive agreement to acquire Fjord1 AS from Vision Ridge Partners, LLC and Havila Holding AS.

DIF Infrastructure VII, a fund managed by Dutch Infrastructure Fund B.V. and EDF Invest entered into a definitive agreement to acquire Fjord1 AS from Vision Ridge Partners, LLC and Havila Holding AS on October 31, 2023. Following the close of the transaction, which is expected in early 2024, Fjord1 will continue to be led by CEO Dagfinn Neteland, supported by his current team of over 1,000 employees. Rothschild & Co.

served as financial advisor, and Ropes & Gray LLP and Schjødt served as legal advisors, to Vision Ridge and Havila Holding. Deutsche Bank Aktiengesellschaft, Cantor Fitzgerald & Co. and Jefferies Financial Group Inc. (NYSE:JEF) acted as financial advisor to DIF and EDF Invest.

Wikborg Rein & Co. and Allen & Overy France acted as legal advisor, Roland Berger GmbH, acted as commercial advisor, Arup & Partners International Limited acted as technical advisor and PricewaterhouseCoopers France acted as accountant and PwC Transaction Services acted as financial advisor to DIF and EDF Invest.