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We have assisted Infranode and Lyse with their acquisition of Altifiber

01/10/2024

We have assisted Infranode AB and Lyse Fiberinvest AS with entering into an agreement to acquire Altifiber AS, a local fiber infrastructure provider present in Dalane and Agder, Norway. Subject to completion, Infranode will acquire 49% of the shares. The remaining 51% of shares will be owned by Lyse, which is increasing its ownership by 17p.p.

Infranode AB is a Swedish long-term infrastructure investor, with a particular focus on the Nordic countries. Infranode invests in energy and renewables, digital infrastructure, transport, and social infrastructure. Infranode has offices in Stockholm, Helsinki, Copenhagen and Oslo, and a strong infrastructure investment team with extensive local and international experience. 

Lyse is a Norwegian energy and telecom company. Lyse builds, maintains and upgrades critical infrastructure and delivers broadband and entertainment services through their national Altibox partnership. Their telecom services are delivered through their national brands: Altibox, Ice and NiceMobil.

The acquisition marks another transaction for Infranode and Lyse this year. It also aligns with the trend of increased interest in Norwegian infrastructure, and is our fourth broadband transaction this year. 

The core transaction team comprised of Alexander Bernhard Wintervold, Caroline Skaar Landsværk and Ole Henrik Wille.

The transaction was announced on 30 September 2024. Read more at:

 

Authors
Profile image of Ole Henrik Wille
Ole Henrik Wille
Partner
E-mail owi@wr.no
Profile image of Caroline Skaar Landsværk
Caroline Skaar Landsværk
Partner
E-mail cln@wr.no
Profile image of Alexander B. Wintervold
Alexander B. Wintervold
Senior Associate
E-mail awi@wr.no

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