Nordisk Bergteknik completes the acquisition of Berg & Betongförstärkning

As of today, October 31, Nordisk Bergteknik completes the acquisition of Berg & Betongförstärkning Jarl-Eric Majqvist AB. Nordisk Bergteknik announced on September 23 that it had entered into an agreement regarding the acquisition of all shares in the company.

Berg & Betongförstärkning was founded in 2005 and has sales of approximately SEK 20 million on annual basis with good profitability. The company has just over 10 employees with cutting-edge knowledge and provide services within our segment Foundation Sweden with a focus on foundation reinforcement. The business is based in Kungsbacka and operates primarily in western Sweden, but undertakes assignments throughout the country. The company is consolidated into Foundation Sweden as of 31 October 2022.

"We are pleased to complete the acquisition of Berg & Betongförstärkning, an innovative company with high competence in its field. In order to continuously strengthen our position as a leading strategic partner in infrastructure for the construction industry, we have gradually broadened our offer and geographic presence through acquisitions. Together with Berg & Betongförstärkning, we can continue the path taken and develop our collaboration further", says Andreas Christoffersson, CEO Nordisk Bergteknik.

The information was submitted, through the care of the contact persons below, for publication on 31 October 2022 at 14:00 CET.

For further information, contact:
Andreas Christoffersson, CEO, +46 70-621 19 28, andreas.christoffersson@bergteknikgroup.com
Johan Lundqvist, CFO, +46 76-392 71 21, johan.lundqvist@bergteknikgroup.com

About Nordisk Bergteknik
Nordisk Bergteknik has a clear growth strategy with the objective to contribute to the development of a future sustainable society. Our companies are specialists within rock handling and foundation solutions, and through compassion and skill they are able to combine demand with the surrounding natural conditions. To be involved at an early stage in building modern societal functions is our everyday life, our home ground and our future.