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Nord I sells its share in Saltdalsbygg AS (FKA. Hyttekonsepter) – new owner enters the company

Nord I sells its share in Saltdalsbygg AS (FKA. Hyttekonsepter) – new owner enters the company

May 2015: Saltsdalsbygg AS is the leading Norwegian producer of cabins, and offers the full range of solutions from self-assembly to turnkey. Last year the company also developed an offer for the residential housing market and acquired construction companies to take a part in the whole value chain. Production of both cabins and houses takes place in the country’s most modern manufacturing facility at Rusånes in Saltdal.

Since the establishment in 2011, Nord I has managed a minority stake of 10 % and taken an active part in the development of the company through a board position.


Since its been clear that the remaining owners still have a medium-term perspective on their investment, while Nord I have a clearly stated exit mandate, Nord Kapitalforvaltning has recently been negotiating a sale of the funds share. May 5 an agreement was made to sell the shares to: Amarone Holding AS (Kristian Høydal) (5%), Bjørn-Gruppen AS (2%) and the company itself (purchase of own shares) (3%).

The valuation of the shares is confidential between the parties, but the achieved price reflects the company’s solid position in the Norwegian cabin and housing market.