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...