Gjelsten Holding-backed Fabritius Gruppen to acquire Vaerdalsbruket from Storebrand for £70m.

Gjelsten Holding-backed Fabritius Gruppen, a central warehousing and logistics properties company, to acquire Vaerdalsbruket, a company and estate covering 900 square kilometers of Verdal, Norway, from Storebrand, a financial services company, for £70m. "We have been an owner of Værdalsbruket for almost 100 years and are pleased to have found a new owner who wants to preserve and further develop the business in a good way," Odd Arild Grefstad, Storebrand Group CEO.