Bravida Norway has signed an agreement to acquire Elektro-engagenøren Arendal AS and thus strengthen its position in the market for electrical installation and services in the south of Norway. The company achieves a turnover of approximately NOK 46 million and 31 employees.
Elektro-engageøren Arendal AS was founded in 1989 and has a strong position in electrical systems in Agder, particularly in the service market, where its main customers are utility operators. Elektro-entreprisesøren Arendal AS has a strong focus on sustainability and is, for example, Miljøfyrtårn certified, which means it meets high standards in health and safety, purchasing, energy, transport , waste, emissions and aesthetics.
“This acquisition significantly strengthens what we can offer our customers by Arenal, Grimstad and Tvedestrand, and our ability to provide good projects and services for electrical systems. Elektro-engageøren Arendal AS also has certification and expertise in the fields of automation, fire and security, which strengthens the region’s efforts in these disciplines. We are very pleased that Elektro-engageøren Arendal AS is now part of Bravid“says Ronny Øvrevik, Head of Coastal Division (Kysten) at Bravida Norway.
Fredrik PedersenCEO of Elektro-engageøren Arendal AS, comments:
“Bravid and Elektro-engageøren Arendal AS have worked together on several projects in the past, which has led to the opening of acquisition discussions. We are now ready to prepare for a generation change. It will be an exciting journey to embark on, with a focus on providing electrical services in ArenalGrimstad and Tvedestrand as part of Bravid.”
Bravid will take over as the new owner on May 2, 2022.
For more information, please contact: Liselotte StrayGroup Communications Manager
+46 (0)76 852 38 11
Good properties make the difference – that’s why Bravid exist. As the Nordic region’s leading end-to-end engineered service and installation solution provider, we help our clients create efficient and sustainable properties.
Bravida long-term goal is to be carbon neutral across the value chain by 2045. We have 12,000 employees and a presence in over 170 locations in Sweden, Norway, Denmark and Finland. Bravida the shares are listed on Nasdaq Stockholm. www.bravida.se
(c) Decision 2022. All rights reserved., sources Press Releases – English