Enity Bank has completed the acquisition of the remaining 51% stake in Eiendomsfinans, securing full ownership of the Norwegian mortgage brokerage. The transaction was completed on 6 May 2025, a day after the bank's board approved it.
Eiendomsfinans is a Norwegian mortgage broker, acting as an intermediary between borrowers and lenders.
OWNERSHIP AND TERMS
Prior to the acquisition, Enity Bank already held about 49% of Eiendomsfinans.
The remaining 51% was held by Enity's then parent company, Butterfly HoldCo Pte. Ltd., so the deal was an intra-group transfer that brings the broker directly under the bank. The bank can now manage the platform directly as a wholly owned subsidiary.
Enity Bank paid SEK 83 million for the remaining shares, which also included Eiendomsfinans's subsidiary Eiendomsfinans Drift AS.
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