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.
