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New Deal


Announced

Teqt Group to acquire HB Blikk.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Majority

Private

roof construction

Construction Services

Pending

Norway

Friendly

Single Bidder

Synopsis

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Teqt Group, a sheet metal and roofing contractor, agreed to acquire HB Blikk, a construction services company that installs complete roofs, snow catchers, gutters and all fittings. Financial terms were not disclosed. "HB Blikk will be another new strong player for Teqt Norway. Long experience in entrepreneurship, positive drive and social commitment have given the company a solid market position, long-term and good customer relations as well as a reputation that stands for high quality. With continued strong local leadership, we look forward to further expansion in Norway together with HB Blikk," Torstein Svennevig, Teqt Group Norway Country Manager.

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