M&A Deal Summary |
|
|---|---|
| Date | 2024-10-21 |
| Target | Carnegie Investment Bank |
| Sector | Financial Services |
| Buyer(s) | DNB Bank ASA |
| Sellers(s) | Altor Equity Partners |
| Deal Type | Add-on Acquisition |
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DNB is Norway's largest financial services group and one of the largest in the Nordic region in terms of market capitalisation. The Group offers a full range of financial services, including loans, savings, advisory services, insurance and pension products for retail and corporate customers. DNB’s bank branches in Norway, in-store postal and banking outlets, Post office counters, Internet banking, mobile services and international offices.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: Sweden M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-14 |
Sbanken
Bergen, Norway Sbanken is an independent online bank in Nordics. Sbanken offers a comprehensive range of financial products and services to individuals and households in Norway within payments and card services, deposit-based savings, investment products, long-term and short-term loans. Sbanken was founded in 2000 and is based in Bergen, Norway. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 8.3B EUR |
| Size | Mega |
| Type | Sector Agnostic |
Altor Equity Partners is a private equity firm that looks to principally invest in medium-sized Nordic based companies across a broad range of industries. Altor typically seeks control positions when investing. Prospective companies generally have revenues of €50 to €500 million. Broad areas of interest include healthcare services, electronics, technology, financial services, business services, niche manufacturing, capital equipment, software, marine, consumer products, and communications. Altor Equity Partners was formed in 2003 and is based in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 51 of 55 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 25 of 26 |
| Country: Sweden M&A | 19 of 21 |
| Year: 2024 M&A | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-08 |
OX2
Stockholm, Sweden OX2 develops, builds, finances and manages renewable energy plants in the Nordic countries. Company strive towards a 100 % sustainable and renewable energy sector. Company has generated approximately 1,200 MW of wind power. OX2 was founded in 2004 and is based in Stockholm, Sweden. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-20 |
Nordic Tyre Group
Stockholm, Sweden Nordic Tyre Group is an independent tyre distributor. Nordic Tyre Group is based in Stockholm, Sweden. |
Sell | - |
