Multiconsult

M&A Activity • Mar 29, 2023

Multiconsult signs call-off options for the new Rikshospitalet and Aker hospital

Multiconsult signs call-off options for the new Rikshospitalet and Aker hospital

Multiconsult ASA's (Oslo: MULTI) fully owned subsidiary Multiconsult Norge AS

has signed call-off options for the construction of two new hospitals in Oslo,

Norway.

The South-Eastern Norway Regional Health Authority (NO: Helse Sør-Øst RHF) has

awarded Multiconsult Norge AS call-off with option for detailed planning and

construction phase of the new Rikshospitalet, the national hospital in Oslo.

Multiconsult has earlier been awarded the contract with option for this phase of

work, reference is made to stock exchange announcement of 13 July 2020. The

contract includes all disciplines in the line of work. Multiconsult ASA's fully

owned subsidiary LINK Arkitektur AS, as well as Fabel Arkitekter AS and

Bølgeblikk Arkitekter AS are subcontractors in the contract. In total, the new

Rikshospitalet will consist of approximately 150 000 square meters and will

include regional and national specialties health care in addition to local

hospital functions.

In parallel, The South-Eastern Norway Regional Health Authority (NO: Helse Sør

-Øst RHF), has also awarded the contract for the next phase of new Aker hospital

located in Oslo Norway to an engineering team including Multiconsult Norge AS.

The contract is awarded to the engineering group Team Aker ANS which consist of

Sweco Norge AS, RATIO arkitekter AS, Arkitema Architects AS and Multiconsult

Norge AS. Multiconsult gained this contractual position through the acquisition

and integration of Erichsen & Horgen AS in 2021. Multiconsult will contribute

with consultancy services in HVAC (heating, ventilation and air condition),

building automation, fire & safety, building physics, environment and water &

sewage.

The contracts have a total value of approximately NOK 1 070 million for

Multiconsult and will have an immediate impact on Multiconsult consolidated

order backlog. Work will commence immediately and will last for a period of 7-8

years.

"We are looking forward to contributing in the next phase of the construction of

the two new hospitals in Oslo. Multiconsult will have a leading role in the

development of the new Rikshospitalet, where we will use our competence and

contribute in creating an excellent hospital for the users and the society. In

addition, we look forward to contribute together with partners in the new

development of the new Aker hospital", says Geir Juterud, Executive Vice

President Projects of Multiconsult ASA.

For further information, please contact:

Investor relations:

Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer

Phone: +47 416 11 161

E-mail: ir@multiconsult.no

Media:

Cato A. Mørk, Senior Communications Advisor

Phone: +47 924 55 663

E-mail: caam@multiconsult.no