On 9 November 2022, Saga Pure announced the intention to establish a new industrial investment company focused on distressed assets. The new company, which aims for a separate listing on Euronext Growth in the first quarter of 2023, will have NOK 500 million in equity in form of cash. Saga Pure's strategy will remain unchanged and will following the demerger retain NOK 280 million in cash, in addition to its current investments.