Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Painting companies Lothe and H.B. Motzfeldt & Sønn to merge
November 12, 2018

Drammen-based painting companies Lothe and H.B. Motzfeldt & Sønn merge to increase their market share. The combined firm, Lothe & Motzfeldt, expects a turnover of NOK 55m in 2019 and will have approx. 50 FTEs. Lothe had net sales of NOK 41m in 2017 and H.B. Motzfeldt & Sønn had net sales of NOK 14m in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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