Announced

Completed

Norva24 completed the acquisition of Högtryckstjänst Syd.

Synopsis

Norva24, a underground infrastructure maintenance services provider, completed the acquisition of Högtryckstjänst Syd, a relining business. Financial terms were not disclosed. "We have developed the company very well since the start, but we want to develop further. Norva24 as a strong industrial player and with a good reputation in the market is the right environment for us to take the next step in our development. I am impressed by the knowledge that exists within Norva24 in terms of technology, methods and working methods in relining, flushing, TV inspection, etc. I feel that this is absolutely the right environment for both the company and me to develop further and I am now very much looking forward to becoming part of the Norva24 family," Marcus Keta, Högtryckstjänst Syd CEO.

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