Norvestor-backed Serwent completed the acquisition of Gjøvaag and Gjøvaag Rørfornying.

Norvestor-backed Serwent, a company working in the water and wastewater industry, completed the acquisition of Gjøvaag, a well-established company within water and wastewater services, and Gjøvaag Rørfornying, a newly established company providing sustainable pipe renovation solutions. Financial terms were not disclosed. “We are very pleased to welcome both Gjøvaag AS and Gjøvaag Rørfornying AS to Serwent. Their professional strength and local knowledge will contribute significantly to strengthening our presence and capacity in Central Norway,” Rune Kristiansen, Serwent head.