Gjensidige Forsikring completed the acquisition of the roadside assistance business from Falck for $147m.

Gjensidige Forsikring, a Norwegian insurance company, completed the acquisition of the roadside assistance business from Falck, a provider of ambulance and firefighting services, for $147m. “Falck’s road assistance services are a natural supplement to our offerings in the mobility space with focus on convenience for our customers. Falck RSA is a highly competent organisation. We see significant potential in developing these services further and look forward to exploring value-enhancing opportunities for both customers in Gjensidige and Falck RSA together with the Falck RSA organisation," Helge Leiro Baastad, Gjensidige CEO.