NRC Group ASA ("NRC Group") has entered into an agreement for the acquisition of the railway infrastructure and signal company Signal & Banbyggarna i Dalarna Aktiebolag ("SBB").
SBB carries out construction work and project- and site management within railway infrastructure and signalling, as well as groundwork. The Company is headquartered in Stockholm and had a revenue of SEK 271 million in 2016.
NRC Group knows the company well from cooperation on several projects and the experienced management team will strengthen the Swedish organisation and bring desired capabilities to the group within its core segments.
The acquisition of SBB improves the competitiveness of NRC Group's Swedish operations. It will widen the geographical footprint to include Stockholm, Skåne and Northern Sweden, adding to NRC Group's already established position in the regions of Karlstad and Gothenburg.
Aabø-Evensen & Co Advokatfirma AS is acting as legal advisors to NRC Group in connection with the transaction.
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