Nordisk Bergteknik’s NOK 47.7 Million Acquisition of All Shares in Gjerden Fjellsikring AS

Setterwalls has assisted Nordisk Bergteknik on the deal.

Nordisk Bergteknik announced the acquisition of all shares in the Norwegian company Gjerden Fjellsikring AS for NOK 47.7 million. The purchase price consists partly of a cash part, and partly of a reinvestment in Nordisk Bergteknik in the form of shares, whereby the current owner becomes a long-term owner in Nordisk Bergteknik.

Gjerden Fjellsikring is one of Norway’s leading actors in rock handling and reinforcement.

Nordisk Bergteknik continues its expansion through the acquisition of all shares in Gjerden Fjellsikring AS. With the acquisition, Nordisk Bergteknik strengthens its geographical presence in the Vestfold region and acquires specialist knowledge regarding rock handling and reinforcement.

The Nordisk Bergteknik Group consists of six companies in Sweden and Norway and is Northern Europe’s largest wholesaler in foundation and rock handling.

The Setterwalls team included Magnus Örtorp (Picture) and Rebecka Lundgren.

Involved fees earner: Rebecka Lundgren – Setterwalls; Magnus Örtorp – Setterwalls;

Law Firms: Setterwalls;

Clients: Nordisk Bergteknik ;

Author: Federica Tiefenthaler