OneCo completed the acquisition of Sonnico from Umoe.

OneCo, a provider of engineering services, completed the acquisition of Sonnico, a contractor in electrical installations and the power industry, from Umoe, an investment company. Financial terms were not disclosed. "We are incredibly happy to have Sønnico on the team. This is a company that has good regional roots and a solid position with customers. In addition, the company has a solid management capacity, high professional competence and a form of operation that will help strengthen OneCo," Marvin Jensen, OneCo CEO.