Stokke Industri Is Said to Weigh Sale of Norway’s Jets AS
The owners of Jets AS are considering a potential sale that could value the Norwegian vacuum sanitation systems group at around 5 billion kroner ($525 million), according to people with knowledge of the matter.
Stokke Industri is reportedly considering selling Norwegian sanitation systems developer Jets AS, a deal that could value the business at around $525 million, according to Bloomberg. Jets AS, headquartered in Hareid, Norway, specializes in vacuum toilets and wastewater treatment systems for marine vessels and commercial buildings.
The company reported revenues of approximately 1 billion kroner and net earnings of 300 million kroner in 2025. The potential sale represents a significant strategic opportunity for Stokke Industri, the investment entity for the family behind the well-known Norwegian children's furniture brand, Stokke. Analysts are watching for potential interest from private equity firms or industrial buyers to acquire the high-margin sanitation technology provider.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
