Antin picks up Sølvtrans from Oaktree

Sølvtrans was previously owned by Oaktree, CEO Roger Halsebakk and chair Anders Hvide. Under the new agreement, Antin will own a majority stake in the business with Roger Halsebakk and Anders Hvide maintaining their current roles and reinvesting to remain substantial shareholders alongside Antin.

With the new funding, Sølvtrans plans on growing its role as a live fish operator in the market and is seeking to tap further growth potential.

Previous funding
Oaktree first invested in Sølvtrans in July 2014, investing in the company's growth through expansion deals such as new builds and acquisitions.

Company
Established in 1986 and based in Ålesund, Norway, Sølvtrans owns and operates a fleet of wellboats, with 21 wellboats in operation and four additional vessels in the pipeline, for the transportation of live salmon and trout. The company employs a staff of 300.

People
Antin Infrastructure Partners – Mark Crosbie (managing partner).
Oaktree Capital Management – Jim Van Steenkiste (managing director).
Sølvtrans – Roger Halsebakk (co-founder, CEO).

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• Topics
• Buyouts
• Exits
• Nordics
• Consumer
• Norway
• Oaktree Capital Management
• Secondary buyout