Announced
Financials
Sources
Tags
Building: Climate Control
Private
Acquisition
Majority
Single Bidder
Cross Border
Germany
Pending
HVAC contractor
Friendly
Synopsis
Norva24, a company provides underground Infrastructure maintenance services, agreed to acquire Jutzy, a provider of underground Infrastructure maintenance and ancillary services for €15m. “We are very pleased to welcome Jutzy to Norva24. Developing our presence in Germany is a key element on the Norva24 journey towards our vision of becoming a European lighthouse in Underground Infrastructure Maintenance. By adding Jutzy to Norva24, we reach the milestone of becoming a clear UIM market leader in the German capital area and further cement our market leading position in Germany,” Henrik Damgaard, Norva24 Group CEO.
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