M&A Activity • Jan 31, 2020
M&A Activity
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AF Gruppen moves closer to yet another major contract
Nye Veier has decided that AF Gruppen proceeds to the specification phase for zoning, engineering and construction of the new E6 Roterud - Storhove motorway.
The project comprises 23 km of new four-lane motorway with a 110 km/h speed limit from Roterud to Storhove near Lillehammer. Towards the end of March, AF Gruppen will in partnership with Nye Veier specify how the assignment may be resolved before the contract is awarded. The project includes early involvement of the contractor through an interaction phase with the development of a zoning plan, before planned start of construction in the autumn of 2021 and with completion scheduled for September 2025.
A contract for this project will have a value of NOK 3,750 million excluding VAT.
For further information:
CEO: Morten Grongstad, tel. +47 99 15 39 05
EVP Civil Engineering: Arild Moe, tel. +47 91 37 62 65
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