M&A Activity • Jan 31, 2022
M&A Activity
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Sells Betonmast Telemark
Betonmast, a subsidiary of AF Gruppen, has signed an agreement with a group of investors to sell its subsidiary Betonmast Telemark. Betonmast Telemark’s managing director are among the investors, together with other senior management.
In 2021, Betonmast Bergen had a turnover of approximately NOK 300 million.
The parties have agreed not to disclose the price. The agreement is expected to be finalised during February.
For further information:
Jørgen Evensen, CEO of Betonmast, tel. +47 906 09 310
Bård Frydenlund, EVP Sweden and Betonmast at AF Gruppen, tel.: +47 918 68 621
Sverre Hærem, CFO of AF Gruppen, tel.: 952 45 167
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