Storskogen to acquire a 90.1% stake in Nimbus.

Storskogen, an investment company, agreed to acquire a 90.1% stake in Nimbus, a total supplier of sales and customer services, installation, and excavation services. Financial terms are not disclosed. “We are truly excited to have acquired Nimbus Group. The founders entrepenurial way of working has been the key driver when building Nimbus into a successful company with a strong position in the market through innovative and active development of its products and entire organisation. Going forward it will be exciting to support the company in its continued growth journey, especially with everything going on in the Norwegian telecoms sector, including the launch of 5G, continiously rollout of fibre, and more and more services totally dependent on availabilty of internet connection," Karianne Melleby, Storskogen Managing Director.