Brief: Norbit Acquires Water Linked
22/06/2026 07:03
BRIEF-Norbit Acquires Water Linked June 22 (Reuters) - Norbit ASA NORBT.OL:
NORBIT AND WATER LINKED JOIN FORCES TO BROADEN UNDERWATER TECHNOLOGY OFFERING
TO BUY 100% OF WATER LINKED AS
DEAL VALUES WATER LINKED AT NOK 330 MILLION CASH AND DEBT-FREE
ACQUISITION TO BE FINANCED WITH NEW TERM LOAN
CLOSING EXPECTED ON OR ABOUT 30 JUNE 2026
WATER LINKED EXPECTED TO GENERATE NOK 100 MLN REVENUE IN 2026 WITH 25–30% EBITDA MARGIN
Source text: ID:nGNE3fYfLC
Further company coverage: NORBT.OL
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