Calviks buys 70% of Norwegian staffer Safe Bemanning
- Calviks signed a binding deal to buy 70% of Norway’s Safe Bemanning.
- The deal values Safe Bemanning at about NOK 55.4 million ($5.2 million).
- Safe Bemanning expects 2026 revenue of about NOK 150 million ($14.2 million).
- Closing depends on Calviks securing financing.
STOCKHOLM, SWEDEN — Swedish talent supply investor Calviks is adding another specialist staffing firm to its growing Norwegian platform, agreeing to buy 70% of Safe Bemanning, which places workers in construction, industry, logistics and engineering. The deal values Safe Bemanning at about NOK 55.4 million ($5.2 million) on a cash- and debt-free basis.
A niche player for Norvika
Calviks signed the binding agreement after completing due diligence on a letter of intent first announced on Aug. 19, according to a Calviks announcement published on Sept. 30. Safe Bemanning will join Norvika, the platform Calviks is assembling from entrepreneur-led Norwegian companies with strong positions in specialist markets.
“Construction, industry, and logistics are sectors where demand for qualified staffing just keeps growing, and Safe Bemanning has built a strong brand within those sectors,” said Viktor Rönn, CEO of Calviks.
The business is expected to generate about NOK 150 million ($14.2 million) in revenue this year, with earnings before interest and taxes of about NOK 12 million ($1.1 million). “It is the kind of niche position we actively seek for Norvika, and we look forward to a long-term collaboration with the owners and employees,” Rönn said.
Financing still to come
The deal is not done yet, as closing depends on Calviks securing financing, which it expects to have in place after talks with several financing parties. Calviks will pay 80% of the initial price for the stake, about NOK 31.0 million ($2.9 million), in cash at closing, with up to three further payments tied to Safe Bemanning’s earnings.
Safe Bemanning’s day-to-day operations will not change. The purchase follows other Norvika acquisitions in recent weeks as Calviks, listed on Nasdaq First North Growth Market, builds scale in Norway.
For employers in construction and logistics, consolidation can bring deeper candidate pools and broader coverage across sectors. Buyers working with a specialist staffing agency should check how ownership changes affect account teams, pricing and service levels. Companies weighing outsourced talent acquisition support can benchmark options against the top BPO companies worldwide list.
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