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AF Gruppen

M&A Activity • Aug 4, 2023

3522_rns_2023-08-04_0f484e69-6512-49c8-a216-ebde25c12b18.html

M&A Activity

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To build a new bridge

A subsidiary of AF Gruppen, Strøm Gundersen, has entered into a total subcontract with Hovden Hytteservice AS where Telemark and Vestfold County Municipality is the client.

The contract concerns the construction of a bridge over the river Eidselva as well as a culvert in connection with a tunnel under a road. The contract has a value of NOK 147 million excl. VAT.

The project is expected to start construction in December 2023, with a planned construction period of 26 months.

For further details, please contact:

Arne Riise, General Manager Strøm Gundersen, tel.: + 47 975 31 249

Tormod Solberg, EVP of Building for AF Gruppen, tel.: + 47 950 59 495