Netherlands-based infrastructure fund manager DIF Capital Partners and EDF Invest, the investment arm of the EDF Group in real assets, have entered into a definitive agreement to acquire Fjord1, an owner and operator of ferries in Norway.
The company will be acquired from Vision Ridge Partners, a real assets investor, and Havila Holding, an investment company in Norway. Vision Ridge and Havila Holding have been investors in Fjord1 since 2019 and 2011, respectively.
Terms of the transaction were not disclosed.
Following the close of the transaction, which is scheduled for early 2024, Fjord1 will continue to be led by CEO Dagfinn Neteland, supported by his current team of over 1,000 employees.