ABG Sundal Collier acted as financial advisor to DWS Infrastructure in connection with its acquisition of Norwegian Travel’s gondola and rail operations

On 23 January 2026, Norwegian Travel announced that it had entered into an agreement to sell its gondola and rail operations to a European Infrastructure Fund managed by DWS. The transaction includes Fjellheisen in Tromsø, Romsdalsgondola in Åndalsnes, as well as the rail experiences – among Norway’s best-known and most visited tourist attractions. Founded in 2019, Norwegian Travel has in a short time developed into Scandinavia’s leading adventure-based tourism group under the ownership of the Norwegian private equity fund Longship. Following completion of the transaction, Norwegian Travel’s remaining operations will be carved out into a new company and will continue under Longship’s ownership. DWS is a long-term infrastructure investor with extensive experience in developing infrastructure assets. It sees long-term potential in Norwegian tourism, supported by growing and resilient travel volumes to the Arctic and Tromsø’s position as a hub for Northern Lights tourism. DWS will support further development of the market and the customer offering, while maintaining the strong local roots of the acquired operations. The attractions will continue to be led by Norwegian Travel’s CEO, Kristian Høydal, with headquarters in Tromsø and the same local teams leading daily operations. ABG Sundal Collier acted as financial advisor to DWS Infrastructure and would like to extend our gratitude for the vote of confidence.