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DNB Carnegie

The Nordic region's largest investment banking franchise, formed by DNB's acquisition of Carnegie.

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About

Formed in 2025 when DNB acquired Carnegie, DNB Carnegie combines DNB's balance sheet and Norwegian client base with Carnegie's Nordic advisory franchise. Full-service M&A, equity and debt capital markets with dedicated sector teams — named Mergermarket's best M&A financial adviser in Norway 2025, on heritages reaching back two centuries on both sides.

Services

Sell-side M&A
Buy-side M&A
ECM / IPO advisory
Debt advisory
Equity capital raising

Specialisation

Generalist

Representative deals3

Adviser to the board of Rana Gruber on Champion Iron's recommended cash offer

IndustrialsFinancial adviser

NOK 2.9bn

2026

Sale of Grieg Seafood's operations in Finnmark and Canada to Cermaq

SeafoodFinancial adviser

NOK 10.2bn

2025

Sale of Orkla's hydropower portfolio to Hafslund and Å Energi

RenewablesFinancial adviser

NOK 6.1bn

2025

All transactions on the firm's website
At a glance
Advisor typeFinancial advisor
Firm typeInvestment bank
HeadquartersOslo
Founded2025
Team
Deal segmentNOK 100m → NOK 1bn +
OfficesOslo, London, New York, Singapore
CoverageInternational

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