Antin to Sell 30% Stake in Sølvtrans to UK Fund GLIL

Corporate Action
โดย Business Wire·Read original
Summary · why it matters

Antin Infrastructure Partners has agreed to sell a 30% minority stake in wellboat operator Sølvtrans to UK investment fund GLIL Infrastructure LLP, bringing in a new long-term partner for the company’s next growth phase. The transaction provides liquidity to investors in Antin’s Flagship Fund III, while Antin retains its majority holding alongside founder Roger Halsebakk and his family. Sølvtrans, the world’s largest wellboat provider with a fleet of 48 vessels, has expanded significantly since Antin’s 2018 investment, including geographic growth into Canada, Iceland, and New Zealand, and the acquisition of Dess Aquaculture Shipping. GLIL, established by UK pension funds for collaborative infrastructure investment, will support Sølvtrans’ rapid global expansion, leveraging its expertise and active asset management approach. The deal is expected to close in the third quarter.

Impact on stocks 1

Financials · 1 stocks
Antin IP SA
ANTIN
▲ PositiveCapitalrelevance

Antin is selling a 30% stake in Sølvtrans, providing liquidity to its Flagship Fund III investors.

Off-coverage companies 2

GLIL Infrastructure LLPPrivate▲ Positive
Capitalrelevance

GLIL is acquiring a 30% stake in Sølvtrans, a strategic infrastructure investment.

Sølvtrans Holding ASAPrivate▲ Positive
Capitalrelevance

Sølvtrans gains a new long-term partner (GLIL) to support its global expansion, with Antin retaining majority.