Calviks agrees to buy 70% of Norway’s Drift Sør in NOK 107.5 million deal
Bitget2026/09/25 13:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Calviks agreed to buy 70% of Norway-based staffing firm Drift Sør, expanding its Norvika platform in energy, oil and gas.
- Deal values Drift Sør at an enterprise value of about NOK 107.5 million on a cash- and debt-free basis.
- Cash consideration at closing set at about NOK 59.5 million, representing 80% of the initial price for the acquired stake.
- Two additional earn-out payments may be triggered, depending on Drift Sør’s post-closing earnings performance.
- Drift Sør targets 2026 revenue of about NOK 270 million, with EBIT of about NOK 21 million; closing hinges on financing.
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 September 25, 2026, and is solely responsible for the information contained therein.
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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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