Signed · Norway · Transport and logistics
Stena agrees to acquire Color Group.
Swedish family-owned Stena AB, through Stena Rederi AB, signed an agreement on 26 October 2026 to buy all shares in Color Group AS, owner of Norwegian cruise and ferry operator Color Line, which runs five ships on four international routes. The deal needs regulatory approval and is expected to close in late Q1 or Q2 2027. It was signed on 26 October 2026. It had not completed by 28 October 2026.
SigningDay 100
Signing 26 October 2026
- Buyer
- Stena AB ·Gothenburg, Sweden
- Target
- Color Group AS ·Oslo, Norway
- Type
- Acquisition
- Announced
- 26 October 2026
- Signed
- 26 October 2026
- Value
- Not disclosed
- People
- about 2,200
- Last checked
- 28 October 2026
The people side in Norway
- In a transfer of an undertaking or part of one, existing employment rights and duties pass to the new employer, and the transfer itself is no ground for dismissal. Working Environment Act (arbeidsmiljøloven), sections 16-2 and 16-4
- Old and new employer inform and discuss the transfer with employee representatives as early as possible. Employees may object, with at least 14 days from being informed. Working Environment Act (arbeidsmiljøloven), sections 16-3 and 16-5
- From NOK 1 billion combined Norwegian turnover, with two parties each over NOK 100 million, a merger or acquisition of control is notified and may not close before the review ends. Competition Act (konkurranseloven), sections 18 and 19
Sources
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