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Construction & Engineering Services | Other Industries | Private Equity

Rail Infrastructure has been acquired by Mesta

May 2021 — Jotunfjell Partners have sold Rail Infrastructure AS (RIAS) to Mesta AS.

RIAS is a specialized and full-service contractor for railway infrastructure that provides maintenance and upgrades, as well as new constructions for the railway infrastructure owners. The services include all special expertise required for rail infrastructure construction, including track and civil work, signal systems, high and low voltage electrification and telecom systems.

Mesta builds, maintains and develops Norwegian infrastructure, serving public and private customers. It has 1,600 employees who work to ensure safe and open infrastructure across the country. The company has revenues exceeding US$538 million annually, with state ownership through the Ministry of Trade and Industry.

Jotunfjell Partners is an investment firm primarily focusing on retail, e-commerce and consumer companies, often in turnaround situations.

Our role in the transaction

Oaklins’ team in Norway acted as advisor to the shareholders in the sale of Rail Infrastructure AS.

Parties

Talk to the deal team

Bjørn Pedersen

Partner
Oslo, Norway
Oaklins Norway

Øyvind Holtedahl

Partner
Oslo, Norway
Oaklins Norway

Kristin Bratengen

Director
Oslo, Norway
Oaklins Norway

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