Bulk Infrastructure
Ownership / jurisdiction: Ownership as of Dec 2025 (supersedes Sept 2023 figures — no single shareholder holds a true majority): Bulk Industrier AS 35.8% (plurality, Norwegian-registered; control/ultimate ownership NOT independently confirmed as founder Peder Nærbø's vehicle — flag unverified). BGO Europe IV 30.8% + BGO King HoldCo 15.2% (46% combined, foreign). Geveran Trading (Fredriksen) 7.8%. Others/employees 10.5%. Combined foreign capital (53.8%) exceeds Bulk Industrier AS's 35.8% — do not describe as majority Norwegian-owned. Bulk's own site labels Bulk Industrier AS 'majoritetsaksjonær' (majority shareholder) despite holding only a plurality.