Norva24 to acquire Jutzy for €15m.

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.