Announced

Completed

Qflow Group completed the acquisition of Vial.

Synopsis

Qflow Group, a Nordic engineering consulting company, completed the acquisition of Vial, a Norwegian consulting engineering company. Financial terms were not disclosed. "Vial and Vial Energy are proud to become part of Qflow. As a consulting engineering company within construction and infrastructure, we look forward to further development in collaboration with the other companies in the Qflow family. It has been important for us to preserve Vial's identity, while giving our employees the opportunity to follow an exciting new journey. Over the years, Vial has delivered both small and large, complex projects, and with access to Qflow's network, we can now offer an even wider range of services in the future. In recent years, Vial Energy has also been involved in several interesting projects within electricity-intensive industry - an area where we see great potential and where we have ambitions to be a key player in the future," Rune Jonasson, Vial CEO.

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MergerLinks - Qflow Group completed the acquisition of Vial.