Calviks completes purchase of 51% stake in Batne AS for NOK 6.9 million
- Calviks completed the acquisition of 51% of Norway’s Batne AS, taking legal ownership of the shares.
- Economic ownership took effect May 1; legal completion occurred today.
- Purchase price totaled about NOK 6.9 million on a debt-free basis, paid in cash, subject to net cash and working-capital adjustments.
- Batne is expected to generate about NOK 35 million revenue in 2026 with EBIT of about NOK 3 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calviks AB (publ) published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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