Norlys, officially known as Norlys Holding A/S, is a Danish holding company owned by Norlys a.m.b.a. Its operations span the energy and telecommunications sectors. The company serves over 1.7 million customers and employs approximately 4,600 people. Norlys owns the fiber infrastructure company Norlys Fibernet and the electricity grid company N1.[1]
History
Norlys was established in 2020 through the merger of two telecom and energy companies, Eniig and SE, with Niels Duedahl as the CEO at the time.
In March 2022, Norlys sold 35% of its fiber network division to a French-Dutch investor consortium.[2]
In April 2023, Norlys reached a preliminary agreement to acquire Telia's Danish business for approximately DKK 6 billion. The acquisition involves around 1.5 million Danish customer relationships. According to then-CEO Niels Duedahl, this move was part of Norlys' strategy to enter the mobile market.
The agreement between Norlys and Telia was subject to approval by Norlys' board of representatives and a thorough due diligence process during the first quarter of 2024.[3]