The consortium consists of existing investors led by Arini Capital Management, AlbaCore Capital and Barings. At transaction completion, long-term capital investment of approximately EUR 400m resulting from the transaction will enable Hurtigruten to explore future growth and development opportunities.

Hedda Felin, Chief Executive Officer at Hurtigruten, said, “Today, we have new owners, and we have put in place a very solid foundation for Hurtigruten's future growth and development. With the completion of this transaction, Hurtigruten is once again a company focusing exclusively on its two core tasks as a coastal express operator and provider of cruise experiences along the Norwegian coast.”

Hurtigruten say they are seeing strong demand for its products. At the end of 2024, advance bookings for 2025 and 2026 were significantly higher than 2024 and 2025 advance bookings were at the end of 2023.

“We manage an outstanding brand with a unique market position in the international market. Now, we look forward to continuing to offer guests from around the world the most authentic experience of the Norwegian coastline,” said Felin.

Hurtigruten will be headquartered in Oslo, Norway and will own and operate 10 ships under the Norwegian flag.

The announcement will not affect Hurtigruten’s customer bookings, employment terms, business partners or day-to-day operations.

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