ABG Sundal Collier acted as exclusive Financial Advisor to Vestdavit and its shareholders in the sale to Fairbanks Morse Defense

On 10 September 2025, it was announced that Fairbanks Morse Defense (“FMD”) had acquired Vestdavit Gruppen AS (“Vestdavit”) for an undisclosed consideration. ​
Vestdavit is a leading global supplier of advanced davit and marine handling systems. The transaction provides Vestdavit with a stronger commercial platform to drive growth and expand globally across its core naval and offshore energy markets. The company achieved record sales for the third consecutive year in 2024, with revenues of NOK ~385 million.​
FMD is a leading provider of OEM parts, turnkey services, and advanced technologies for maritime defense. The company, headquartered in the US, is a portfolio company of Arcline Investment Management. FMD has acquired 100% of Vestdavit’s equity from its four owners.