Non Regulatory press releases

Nordisk Bergteknik wins new major project for the West Link project – higher demand and increased activity within Rock Sweden

Nordisk Bergteknik, through the group company Bohus Bergsprängning, has signed a new major contract for the construction of the West Link stage that extends from Korsvägen to Almedal in Gothenburg. The work has just started and will continue more or less around the clock until the amusement park Liseberg reopens during the spring. The turnover for Nordisk Bergteknik regarding this specific project is estimated to be in the order of 50 MSEK. Furthermore, Nordisk Bergteknik is experiencing a gradually higher level of activity within the Rock Sweden segment relative to the third quarter level.

Nordisk Bergteknik completes the acquisition of Power Mining

As of today, February 27, Nordisk Bergteknik completes the acquisition of Power Mining. Nordisk Bergteknik announced on December 22 that it had entered a letter of intent regarding the acquisition of all shares in the company. Power Mining, based in Kajana in Finland, has sales of approximately SEK 160 million on annual basis, with an EBIT margin that during the last financial year was very strong and amounted to approximately 20%. The company operates in both Finland and Sweden and is a complete supplier in underground and tunnel work and currently has around 45 employees. The company's clients are mainly…

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…

Nordisk Bergteknik completes the acquisition of Snemyr Betongsprøyting

As of today, September 30, Nordisk Bergteknik completes the acquisition of Snemyr Betongsprøyting AS. Nordisk Bergteknik announced on June 21 that it had entered into an agreement regarding the acquisition of all shares in the company. Snemyr Betongsprøyting AS was founded in 1979 and had sales of approximately NOK 80 million in 2021 with very good profitability. The company has just over 10 employees and provides services in concrete spraying. The operations are based around the administrative and logistical base in Kristiansand, but projects are undertaken throughout Norway. The company is consolidated into Rock Norway as of September 30, 2022.…

Nordisk Bergteknik acquires Berg & Betongförstärkning – further strengthens the offer within foundation reinforcement

Nordisk Bergteknik has entered into an agreement regarding the acquisition of all shares in Berg & Betongförstärkning Jarl-Eric Majqvist AB (”Berg & Betongförstärkning”). Through the acquisition Nordisk Bergteknik further strengthen its offer within foundation reinforcement, not least in Västra Götaland which is an expansive region with high demand.

Nordisk Bergteknik completes the acquisition of TSB Borrentreprenad

As of today, August 29, Nordisk Bergteknik completes the acquisition of TSB Borrentreprenad AB. Nordisk Bergteknik announced on August 12 that it had entered into an agreement regarding the acquisition of all shares in TSB. TSB was founded in 1992 and had sales of approximately SEK 49 million in 2021. The company has around 25 employees and provides services in directional drilling, hammer drilling and core drilling. The business is based in Sollefteå and operates primarily in Norrland but undertakes assignments throughout Sweden. The company is consolidated into Rock Sweden on the 31st of August 2022. “It is gratifying that we…

Nordisk Bergteknik acquires TSB Borrentreprenad – strengthens the offer in drilling

Nordisk Bergteknik has entered into an agreement regarding the acquisition of all shares in TSB Borrentreprenad AB (“TSB”), an established player within drilling. Through the acquisition Nordisk Bergteknik strengthen its offer within various types of drilling.

Nordisk Bergteknik acquires Snemyr Betongsprøyting – strengthens the offer in Norway

Nordisk Bergteknik has through the subsidiary Nordisk Bergteknik AS entered into an agreement regarding the acquisition of all shares in Snemyr Betongsprøyting AS, an established player in rock reinforcement. Through the acquisition Nordisk Bergteknik strengthen its offer and position in Norway.

Nordisk Bergteknik completes the acquisitions of Rovalin and Soil Mixing Group

As of today, April 28, Nordisk Bergteknik completes the acquisition of Infrastructure Group Nordic AB (“IGN”), which with its two operating subsidiaries Rovalin and Soil Mixing Group, has an annual turnover of approximately SEK 420 million with good profitability. Nordisk Bergteknik announced during the first quarter that it had entered into an agreement regarding the acquisition of all shares in IGN. The acquisition was conditioned by an approval by the Swedish Competition Authority, which has now been obtained. The acquisitions will be reported in the Foundation Sweden segment and is assessed to contribute in the order of SEK 0.80 in…

Nordisk Bergteknik completes the acquisitions of Torbjörn Sundh Entreprenad and Bröderna Anderssons Grus

Nordisk Bergteknik announced during the fourth quarter 2021, two new acquisitions in line with the group’s determined strategy. Västerbotten based Bröderna Anderssons Grus AB was founded in 1976 and has an annual turnover of about SEK 90 million and employs just over 30 people. The company is a contractor specialized within crushed rock and rock material. The acquisition is consolidated into Rock Sweden on the 31st of January 2022. Torbjörn Sundh Entreprenad AB has an approximate yearly turnover of SEK 220 million and offers services within infrastructure and construction contracts, as well as operation and maintenance of the transport network.…