Norway M&A | DNO acquires Sval Energi from HitecVision
March 21, 2025
In March 2025, DNO announced the acquisition of Sval Energi from HitecVision for a cash consideration of US$450 million, which DNO reported is based on an enterprise value of US$1.6 billion. The deal is effective 1 January 2025 and is expected to close by mid-year 2025.