Announced
Completed
Financials
Sources
Tags
Private
Domestic
Norway
Acquisition
Majority
Electronic Equipment: Other
Friendly
Completed
electrical installations
Single Bidder
Synopsis
Konstel, a provider of electrical installation and service supplier, completed the acquisition of Nopek Elektro, a provider of electrical installation services. Financial terms were not disclosed. "Konstel's business model is to gather skilled local electrical contractors in a larger group and offer value-creating central services, so that the already strong local electrical contractor can be even better. We are growing through acquisitions, among other things, and we are only looking for companies that are already strong, have a good culture, high professional competence, and that can contribute to learning and synergies across the companies," Knut Morseth, Konstel Head of Acquisitions.
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