Ice Group - Ownership and Business Overview

CommunicationsCompany

Ice Group Ownership

Who owns Ice Group?

Ice Group is owned by Lyse AS. It was acquired on February 18, 2022.

Ice Group Business Overview

Where is Ice Group headquartered?

Ice Group is headquartered in Oslo, Norway.

What is Ice Group’s revenue?

Ice Group disclosed revenue of 2,319M EUR for 2021 and 2,094M EUR for 2020.

How many employees does Ice Group have?

Ice Group has 246 employees.

What sector is Ice Group in?

Ice Group is a communications company.

When was Ice Group founded?

Ice Group was founded in 2015.

Communications M&A Summary in 2022

Out of 60 sectors in the Mergr database, communications ranked 25 in number of deals in 2022. The largest communications acquisition in 2022 was Freedom Mobile - which was acquired by Rogers Communications for $2.2B.

Join Mergr to view all 105 acquisitions of communications companies in 2022, including 19 acquisitions by private equity firms, and 86 by strategics.

Ice Group

Ice Group ASA

Nydalsveien 18B,
Oslo, 0484
Norway,
47 21 00 00 00
www.icegroup.com

Ice Group is a telecommunications company with nationwide networks in Norway and Denmark. In Norway, the company operates a pure 4G mobile network, providing smartphones, m2m, IoT, and mobile broadband services to B2C and B2B customers. Ice Group also offers mobile broadband, m2m, and IoT services in Denmark through its own network. Ice Group was formed in 2015 and is based in Oslo, Norway.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # - - - - - - 0
Sell (0.2/yr) # - 1 - - - - 1
  1

Most Recent M&A

Company Date Value Type
Net1 Denmark 2020-06-01 - Divestiture
Glostrup, Denmark · www.net1.dk
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications - - 1 (100%) -
Total - - 1 -

By Geo

State/Country Buy Value Sell Value
Denmark - - 1 -
Total - - 1 -

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Communications

Revenue

2,319   11% 2021
2,094   13% 2020
1,860   13% 2019
1,660   26% 2018
1,322   2017
(millions of EUR) Show More Show Less

Employees

246

Established

2015

Former Name

AINMT Holding AB

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Communications Companies , Norway Companies

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