NRC Group ASA ("NRC Group") has entered into an agreement for the acquisition of 100% shares in HAG Anlegg AS (“HAG"), for a total consideration of NOK 107.5 million in a combination of cash and NRC Group shares.
HAG carries out construction work and project- and site management within transport and infrastructure, specializing in surface work and concrete constructions. The company has in two years grown from zero to 166 million in turnover.
The project management expertise from HAG, will complement the existing knowhow and capacity of NRC Group within the groundworks segment. It will further strengthen NRC Group's overall capabilities, enabling the company to undertake larger and more complex projects also simultaneously.
Aabø-Evensen & Co Advokatfirma AS acted as legal advisor in connection with the transaction.
Click here to be redirected to the stock exchange notice published 28 March 2017.