Norvestor Acquires Majority Stake in Zalaris ASA for NOK 1.9 Billion
Norvestor IX SCSp has acquired approximately 88% of Zalaris ASA's shares for NOK 1.9 billion, enhancing its HR services portfolio. This acquisition enables Zalaris to accelerate growth and investment in AI-driven solutions.
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Norvestor IX SCSp has successfully acquired about 88% of Zalaris ASA through a voluntary tender offer priced at NOK 100 per share, totaling around NOK 1.9 billion. Following the acquisition, a mandatory offer for the remaining shares will also be initiated at the same price.
Zalaris, founded in 2000 and publicly traded since 2014, specializes in HR and payroll services across Europe. The company's management, including CEO and founder Hans-Petter Mellerud, will retain significant ownership, allowing for continuity in leadership. This partnership is expected to enhance Zalaris's capabilities in AI and automation, which may provide competitive advantages in the evolving HR landscape.
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