Consortium invests in Målselv Utvikling
A consortium consisting of Investinor, Sparebanken Nord-Norge Invest, SIVA, Luma Invest and others, have invested NOK 52m in Målselv Utvikling AS.
Investinor provided NOK 15m of the total investment, a move that will give them a 22.5% stake in the company. Målselv Utvilkling, known internationally as Snowman Resort, is a skiing destination founded in 2005.
The investment will help support an expansion of the resort in an attempt to make it an attractive destination for foreign visitors all year round.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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