BEVEST (BINT) Company presentation summary

Company overview

• Established in 2017 as the Bekken family's private investment arm, BEVEST focuses on industrials, seafood, and real estate across the Nordics and Europe.

• Holds major stakes in BEWI ASA (~51%), Sinkaberg (~31%), and 100% of Corvus Estate, with a consolidated GAV of NOK 6,029m as of Q2 2026.

• Portfolio is balanced across seafood (48% of GAV), industrials (47%), and real estate (5%), with 43% listed and 57% private assets.

• Developed from a local producer to a pan-European consolidator, leveraging 45 years of industrial experience.

• Family-rooted ownership and active involvement drive sustainable value creation and long-term growth.

Value creation and strategy

• Employs active ownership, disciplined M&A, and financial flexibility to drive operational improvements and scale portfolio companies.

• Focuses on investing in companies with long-term competitive advantages and stable, increasing cash flows.

• Clear portfolio strategy divides assets into specialist companies, portfolio companies, and M&A platforms, with a path to core long-term holdings.

• Conservative net loan-to-value (LTV) policy and a dividend payout target of 2–5% of value-adjusted equity per year.

• Management team and board bring decades of industrial, financial, and operational expertise.

Key portfolio companies

• BEWI ASA: European leader in sustainable materials, with 45 years of development, integrated value chain, and a proven buy-and-build strategy.

• Sinkaberg: Integrated salmon farmer with >21kt MAB capacity, strong operational performance, and >NOK 775m in dividends since BEVEST's entry.

• Corvus Estate: Real estate platform focused on value in complex portfolios, aiming for streamlined exits within 4–5 years and strong growth via M&A.