Add-on Acquisition • Engineering

Af Gruppen Acquires Eviny Solutions

On June 20, 2025, Af Gruppen acquired engineering company Eviny Solutions for 71M NOK

Acquisition Context
  • This is Af Gruppen’s 1st transaction in the Engineering sector.
  • This is Af Gruppen’s largest (disclosed) transaction.
  • This is Af Gruppen’s 3rd transaction in Norway.

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M&A Deal Summary

Date June 20, 2025
Target Eviny Solutions
Sector Engineering
Buyer(s) Af Gruppen
Deal Type Add-on Acquisition
Deal Value 71M NOK

Target Company

Eviny Solutions

Bergen, Norway
Eviny Solutions is an engineering and contracting company headquartered in Bergen, with branch offices in Førde, Volda, and Ålesund, and a technician base in Stord.
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Buyer Overview 1

Buyer

Af Gruppen

Oslo, Norway

Category Company
Founded 1985
Sector Construction
Employees5,581
Revenue 30.2B NOK (2024)
DESCRIPTION

AF Gruppen is a contracting and industrial group that solves society’s environmental challenges and ethical business operations that create security for customers. AF Gruppen was incorporated in 1985 and is based in Oslo, Norway.


Deal Context for Buyer #
Overall 4 of 4
Sector: Engineering 1 of 1
Type: Add-on Acquisition 4 of 4
Country: Norway 3 of 3
Year: 2025 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-14 ETA Norge

Fiskum, Norway

ETA Norge is a contractor in bioenergy that delivers heating systems to agriculture and industry and assists with project planning, installation, and service. ETA Norge is based in Fiskum, Norway.

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