Qben Infra

In the contemplated transaction, Qben Rail is valued at an expected enterprise value in the range SEK 800-850 million.

“The indicative valuation shows Qben Rail’s strong position in an attractive market with promising growth drivers, and it also demonstrates Qben Infra’s strong investments performance. If a transaction is completed at the indicated terms ININ Group will achieve attractive equity returns from its investment in Qben Rail,” says Patrik Egeland, CFO of Qben Infra.

The Qben Rail platform is headed by Nordic Infrastructure Group AS. The platform consists of rail-focused construction and maintenance companies with strong technical skills and capabilities. Qben Infra currently owns directly and indirectly approximately 81% of Nordic Infrastructure Group AS (i.e. Qben Rail).

The contemplated transaction is subject to satisfactory legal, financial and commercial due diligence, customary closing conditions and agreement on and signing of the final transaction documentation. Further details regarding the potential transaction will be shared if and when a share purchase agreement is signed with the possible buyer.

For further information, please contact:

Øivind Horpestad, board member, Qben Infra, tel: +47 910 00 626

Patrik Egeland, CFO, Qben Infra, tel: +47 91 60 65 19

FNCA Sweden AB is the company's certified adviser.

About Qben Infra

Qben Infra invests in and develops companies in infrastructure services in the Nordic region. The company operates in niches where the market is driven by strong growth trends, large government investments and where opportunities for consolidation and strong growth exist – for example, railways and power grids. The strategy includes driving organic growth, reinforced by selective acquisitions (M&A) and realisation of synergies. For more information, see qben.se.