Investment company Calviks has signed a binding agreement to acquire 70 percent of Norwegian Safe Bemanning, following the letter of intent announced in August.
The company value amounts to approximately NOK 55 million on a cash- and debt-free basis. Safe Bemanning is expected to generate approximately NOK 150 million in revenue in 2026, with EBIT of approximately NOK 12 million. Approximately NOK 31 million will be paid in cash at closing, while up to three additional purchase price payments may be added.
The transaction is conditional on financing and customary conditions.
