• 2017 turnover EUR 97m
  • No. of employees ~390
  • Acquisition date April 2018

FH Gruppen

FH Gruppen is the market leader in sales and construction of holiday homes and houses in Norway, a market that continues to grow, completing construction of ~600 holiday homes in 2017.

Why we believe in FH Gruppen:

  • FH Gruppen is the market leader with a structural cost advantage and strong customer advocacy
  • Winning business model with ability to grow through the cycle
  • Value-creation agenda supporting further penetration-driven growth
  • Significant opportunity to further develop and grow housing business team


  • Torbjørn Kaarud CEO

Investment Advisory Team

  • Maria Tallaksen
  • Hugo Maurstad
  • Stian Tuv
  • Henrik Olav Klevar