Stena Inks Deal to Acquire Color Line

Stena AB, owner of Stena Line, has signed a deal to acquire Norway’s Color Line.

The parties have agreed not to disclose the value of the proposed transaction, which is subject to regulatory approval and expected to be completed towards the end of Q1 or during Q2 2027.

The transaction will be structured as a share purchase agreement, according to a statement.

Under it, Stena AB’s wholly owned subsidiary, Stena Rederi AB acquires all shares in Color Group AS from ONS Invest II AS, which is wholly owned by Olav Nils Sunde and his family.

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