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Announced

Completed

KLAR Partners-backed Nimlas completed the acquisition of Konstel.

Synopsis

KLAR Partners-backed Nimlas, a Nordic technical installation services platform, completed the acquisition of Konstel, an electrical installation company in Norway. Financial terms were not disclosed. "We see great potential in joining Nimlas Group. We have a similar decentralized and entrepreneurial business model and joining Nimlas to form a pan-Nordic player will serve as an even greater environment for Konstel to accelerate its growth and development," Terje Myhre, Konstel CEO.

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