Extract from M&A Insights

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Nordisk Bergteknik acquires Sogndalen Fjellsprengning AS
January 15, 2018

Nordisk Bergteknik, a subsidiary of Pegroco, acquires the Norwegian mountain technology company Sogndalen Fjellsprengning AS. The acquisition strengthens Nordisk Bergteknik's market position in southern Norway and the Group is now the largest independent operator in the Nordic region, with the ambition to expand throughout the Nordic region.The acquisition takes place by Nordisk Bergteknik's wholly owned subsidiary Vestfold Fjellboring AS acquires 90.1 percent of the shares in Sogndalen Fjellsprengning AS. The purchase price amounts to NOK 10.3 million.

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