M&A Deal Summary

Eimskip Acquires Nor Lines AS

On November 2, 2016, Eimskip acquired transportation company Nor Lines AS

Acquisition Highlights
  • This is Eimskip’s 4th transaction in the Transportation sector.
  • This is Eimskip’s 1st transaction in Norway.

M&A Deal Summary

Date 2016-11-02
Target Nor Lines AS
Sector Transportation
Buyer(s) Eimskip
Deal Type Add-on Acquisition

Target

Nor Lines AS

Stavanger, Norway
Nor Lines AS is a shipping and logistics company, that provides reefer cargo and container services for the oil industry. Nor Lines AS was established in 1999 and is headquartered in Stavanger, Germany.

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Buyer(S) 1

Buyer

Eimskip

Reykjavík, Iceland

Category Company
Founded 1914
Sector Transportation
Employees1,709
Revenue 846M EUR (2024)
DESCRIPTION

Eimskip is a logistics company that provides transportation services through a dependable transport system in the North Atlantic and an extensive worldwide network of reefer logistics services. Eimskip was founded in 1914 and is based in Reykjavík, Iceland.


DEAL STATS #
Overall 5 of 8
Sector: Transportation M&A 4 of 6
Type: Add-on Acquisition M&A Deals 5 of 8
Country: Norway M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-18 Extraco Internationale Expeditie B.V.

Ridderkerk, Netherlands

Extraco Internationale Expeditie B.V. is a provider of full service intermediate, offering a wide range of taylormade services Overseas Imports and Export and Containertrucking.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-24 Mareco N.V.

Antwerp, Belgium

Mareco N.V. is a logistics provider specializing in one-stop shopping solutions for international transport of food and food-related products.

Buy -