Blom ASA to combine its business with Team Bane

Aabø-Evensen & Co is acting as legal advisor to Team Bane and its shareholders in relation to its announced combination With the Norwegian publicly listed Company Blom ASA. Team Bane AS has entered into an agreement to combine its business With Blom (50-50).

Team Bane is a leading contractor within Railway infrastructure in Norway. Blom is one of Europe's largest aerial survey Companies. The markets for geospatial information and infrastructure Construction, and in particular the Railway segment, are expected to grow significantly over the coming years.

For more information please see www.blomasa.com