CLP has assisted Agder Energi with sale of its majority shareholding stake in the Swedish power contractor Craftor to the Eleda Group, which is majority-owned by Altor. Craftor is a leading power contractor in Sweden designing and constructing power grids on voltage levels up to 400kV. Craftor’s turnover for 2020 is approx. NOK 1,2 billion.
The transaction involves sale of 100% of the shares in Craftor Holding AB, where management will remain as shareholders in the Eleda Group. The transaction is expected to close in Q4 2020.
Read more about the transaction here.