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Fri June 18 2021

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Acquisition expands Veidekke’s Swedish presence

18 Apr 12 Norway’s largest construction company Veidekke has expanded its Swedish presence with the acquisition of Brinkab.

Brinkab, which operates primarily along the Norrland coast to the Stockholm area and in Kiruna, was established in 1997. Activities include new construction, renovation, remodelling and extensions for industry. The company's annual turnover is approximately SEK140m (£13m) and it has 130 employees.

"Veidekke wanted to strengthen its heavy construction expertise and capacity towards industry,” said Veidekke Entreprenad managing director Erik Alteryd.

The takeover is effective from 17 April.

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