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Norva24 Group AB acquires Multi Marine AS

Norva24 Group AB (“Norva24”) signed an agreement on April 9, 2025, to acquire 100 percent of the shares in Multi Marine AS (“Multi Marine”) through its subsidiary Norva24 Norge AS. Multi Marine is a quality provider of Underground Infrastructure Maintenance services (UIM) located in Averøy / Kristiansund. Multi Marine also offers a wide range of critical infrastructure services above ground and will, together with Norva24 Norge, offer a complete...

Norva24 postpones Annual General Meeting and Annual and Sustainability Report

Norva24 Group AB (publ) (“Norva24” or the “Company”) announces that the date for its Annual General Meeting has been changed to 27 June 2025 in light of the ongoing public offer from Apax Funds, acting through Nordahl BidCo AB, from the previously communicated date 13 May 2025.Consequently, the date for publication of the Annual and Sustainability Report 2024 has been postponed to 30 April 2025. The previously communicated date was 11 April...

No competition clearance from the Norwegian Competition Appeals Tribunal on the Vitek Miljø acquisition

As previously communicated, on April 17, 2024, Norva24 signed an agreement to acquire Vitek Miljø AS. The acquisition of Vitek Miljø AS was prohibited by the Norwegian Competition Authority (the “NCA”) on September 24, 2024.The decision is based on the NCA’s view on the emptying and flushing segment in Bergen region. The decision is not restricting Norva24 from acquisitions in other parts of Norway.The NCA’s decision was appealed by Norva24 to...

Invitation to webcast – Norva24 Group Q4 report 2024 to be published February 19

Norva24 will publish its Q4 report 2024 on Wednesday February 19 2025 at 08.00 (CEST). Investors, analysts, and journalists are welcome to attend the company’s webcast with a teleconference at 09.30 (CEST) on the same day. Henrik Norrbom, Group CEO, and Stein Yndestad, Group CFO, will present the report. The session will be conducted in English.Date: February 19, 2025Time: Report published at 08.00 (CET)Webcast with teleconference at 09.30 (CET)To...

Norva24 will host a Capital Markets Day on March 19, 2025

Norva 24 AB (publ) hereby invites investors, analysts and the media to its first Capital Markets Day since the IPO on Nasdaq Stockholm in 2021, to be held at Kungsgatan 33 in Stockholm on March 19, 2025. During the past 10 years, Norva24 has been a consolidating industry leader and successfully grown into Northern Europe’s leading service provider in Underground Infrastructure Maintenance. It is now time to present the path forward and Norva24 looks...

Leadership transition in Norva24 Norway

CEO of Norva24 Norway, Tore Hansen (62), steps down after six years in the role. “As CEO of Norva24 Norway, Tore Hansen has played a pivotal role in driving our company’s growth, successfully growing revenues by 60% during the period, and steering Norway through a period marked by significant development. Tore is handing over a Norwegian operation with solid organic growth and improved profitability in Q4 vs last year. Through his commitment, Tore has...

Norva24 Group AB (publ) has signed a share purchase agreement to acquire 100% of the shares in Kanaltechnik Agricola GmbH (“Agricola”) through its subsidiary Norva24 Deutschland GmbH

The acquisition is part of Norva24's continued growth in Germany and will further strengthen Norva24's position in the Rhine-Ruhr metropolitan area. Kanaltechnik Agricola GmbH is based in Gevelsberg, near Norva24's German site of Zimmerbeutel in Wuppertal. In the future, the two companies will develop a close and strong collaboration. Agricola has a turnover of approximately €2 million and is solidly profitable. Agricola's main...