"Qben Infra AB Divests Qben Rail Platform to Eleda for NOK 850 Million"

"Qben Infra AB and its majority-owned subsidiary, ININ Group AS, have agreed to sell the Qben Rail platform to Eleda Norge AS for up to NOK 850 million, which includes an earn-out of NOK 65 million. The transaction is pending approval from the Swedish Inspectorate of Strategic Products and the Norwegian Competition Authority. Eleda, a growing infrastructure solutions provider in the Nordics, aims to enhance its services in the railway sector through this acquisition. The Qben Rail platform, led by Nordic Infrastructure Group AS, has reported revenues of approximately NOK 1,280 million and an adjusted EBITA of NOK 97 million over the past year."

**Law Firms Involved in the Transaction** Vinge acted as legal counsel for Qben Infra AB and ININ Group AS in their divestment of the Qben Rail platform to Eleda. **Transaction Overview** Qben Infra AB and its majority-owned subsidiary, ININ Group AS, have entered into a share purchase agreement with Eleda, through its subsidiary Eleda Norge AS, to divest the Qben Rail platform for a total enterprise value of up to NOK 850 million, which includes an earn-out of up to NOK 65 million. The completion of this transaction is contingent upon customary closing conditions, including approvals from the Swedish Inspectorate of Strategic Products and the Norwegian Competition Authority. The Qben Rail platform, managed by Nordic Infrastructure Group AS, specializes in railway-focused construction and services, with operations in Norway and Sweden. Over the past twelve months, Qben Rail has reported revenues of approximately NOK 1,280 million and an adjusted EBITA of around NOK 97 million. **Legal Team from Vinge** The Vinge team involved in this transaction included: - Christina Kokko (M&A) - Johanna Wiberg (M&A) - Philip Moré (M&A) - Jonatan Stentorp (M&A) - Anna Neubüser (M&A) - Lina Björkman (M&A) - Daniel Wendelsson (FDI) - David Olander (FDI) - Nilufer Nouri (Banking and Finance) - Simon Söderholm (Employment) - Louisa Fagarasan (Employment) - Wilma Hellman (Real Estate) - Nicklas Thorgerzon (GDPR) - Johanna Engström (Transaction Support Coordinator)

"Qben Infra AB Divests Qben Rail Platform to Eleda for NOK 850 Million"

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