Norva24 will publish its Interim Report January-September 2022 on Wednesday November 23, 2022 at 08.00 (CET). Shareholders, Investors, analysts and journalists are welcome to attend the company’s presentation in Stockholm or webcast with teleconference at 09.30 (CET) on the same day.
The nomination committee shall, in accordance with the principles for the nomination committee in Norva24 Group AB (publ) (“Norva24”), consist of representatives of the four largest shareholders or shareholder groups, and the Chairman of the Board of Directors. The Nomination Committee for the Annual General Meeting 2023 has been appointed based on the shareholdings as of 31 August 2022 and in accordance with the Nomination Committee instruction.
Norva24 has executed an agreement buying 100 % of the shares and assets in CKS Express Baumanagement GmbH and CKS Rohr Express e.K. (CKS). Following the recent acquisition of Jutzy Haustechnik Service GmbH in Potsdam the acquisition of CKS further strengthens Norva24´s market leading position in Underground Infrastructure Maintenance (UIM) in the Greater Berlin area. CKS had revenue of NOK 38 million (3,8MEUR) in 2021 with a high margin.
Norva24 has signed an agreement to acquire 100% of the shares in Jutzy Haustechnik und Service GmbH ("Jutzy"). The acquisition strengthens Norva24´s market leading position in Underground Infrastructure Maintenance (UIM) in Germany and makes Norva24 a clear UIM leader in the greater Berlin area. Jutzy had revenue of NOK ~150 million (EUR 15 million) in 2021 with a healthy margin.
Norva24 will publish its Interim Report January-June 2022 on Wednesday August 24, 2022 at 08.00 (CEST). Shareholders, Investors, analysts and journalists are welcome to attend the company’s presentation in Oslo or webcast with teleconference at 09.30 (CEST) on the same day.
Norva24 AB has acquired 100% of the shares in Stockholm Relining AB. The acquisition will significantly strengthen Norva24 Sweden’s position in the UIM (Underground Infrastructure Maintenance) area of pipe relining with one of the most competent companies in this field in Sweden. In Stockholm, the acquisition complements Norva24’s range of services and makes the company a full-service provider within UIM.
Norva24 Group AB (publ) (“Norva24”) has on [1] July 2022, acquired 100 percent of the shares in Thornvig Jensen A/S and J.S. Overfladebehandling ApS (“TJ”) through its subsidiary NORVA24 Danmark A/S. The strategically important acquisition expands Norva24’s geographic reach in Denmark and fortifies the position as a clear market leader. With the acquisition Norva24 will strengthen its position and improve density in UIM services in the Danish market, including high pressure flushing, sludge suction, pipe cleaning, TV inspection and industrial cleaning services. In 2021, TJ’s revenue amounted to around NOK 46 million with a double-digit EBITA margin. The company is primarily active in the Jutland region and has 20 employees, with its head office in Herning. The acquisition is being financed with Norva24’s cash position.
Norva24 will publish its Interim Report January-March 2022 on Tuesday 31 May, 2022 at 08.00 (CEST). Shareholders, Investors, analysts and journalists are welcome to attend the company’s presentation in Stockholm or webcast with teleconference at 09.30 (CEST) on the same day.
The notice to Norva24’s Annual General Meeting on 31 May 2022 was published in a press release on 26 April 2022.
Norva24 Group AB (publ) (“Norva24”) has on 5 April 2022, acquired 100 percent of the shares in IRG Rörinspektion AB (“IRG”) through its subsidiary Norva24 AB. The acquisition is strategically important for Norva24’s work to develop new technological solutions within IoT, sensor technology and digital monitoring. With IRG, Norva24 gains access to a well-functioning technological solution for monitoring of underground infrastructure, advanced pipe inspection and flow measurement services, as well as inflow and infiltration (I&I) inspections. In 2021, IRG’s revenue amounted to SEK 36 million, with a growth of ~15 percent annually over the past five years and a double-digit EBITA margin. The company is primarily operative in the Gothenburg region and has around 30 employees, with the Headquarter in Kungsbacka and a branch in Ljungskile. The acquisition is financed with internal funds and through a rights issue of 208,719 shares to the sellers of IRG, corresponding to an amount of SEK 4,500,000.
Norva24 has signed an agreement to acquire ROHR FREI SCHNELLDIENST AXEL ZIMMERBEUTEL GmbH („Zimmerbeutel“). Zimmerbeutel is active in the NORVA24 core business Underground Infrastructure Maitenance.
Norva24 will publish its Year-end report 2021 on Monday 28 February 2022 at 08.00 (CET). Investors, analysts and journalists are welcome to attend the company’s webcast with teleconference at 09.30 (CET) on the same day.