Sale of UBConnect (NO) to Transtema Group (SE) – NOK ~200m

Carnegie acted as financial adviser to the owners of UBConnect in the 100% sale to Transtema Group. UBConnect is a market-leading provider of digital infrastructure for mobile networks in Norway. The Company designs, builds, and upgrades the base stations for next-generation mobile networks. Transtema Group is a Nordic leading provider of networking infrastructure for the telecom industry. The Company offers project design, construction, maintenance, and monitoring of the communication infrastructure for all types of technologically advanced communications networks.
December 2022.