Nordisk Bergteknik acquires Bröderna Anderssons Grus based in Västerbotten

Nordisk Bergteknik has entered into an agreement regarding the acquisition of all shares in Bröderna Anderssons Grus, a contractor within crushed rock and material delivery based in Burträsk, in the region of Västerbotten. Through the acquisition Nordisk Bergteknik broadens the extent of its offering and continues to strengthen its position and presence in upper Norrland.

Bröderna Anderssons Grus AB was founded in 1976 and today has a turnover of approximately SEK 90 million on annual basis with an EBIT margin on par with Nordisk Bergteknik’s long-term financial targets. The company employs just over 30 people and provides services within crushed rock and material delivery. The operations are based around the administrative and logistical base in Burträsk, but projects are undertaken in the entirety of upper Norrland.  

– The acquisition of Bröderna Andersson Grus goes in line with Nordisk Bergteknik’s ambition to have an active role in the ongoing consolidation of the industry. The company has a strong position in its region and possesses solid project experience. Additionally, they have a competent management team and qualified employees that share our values and view on business acumen. The acquisition complements our offering and will contribute additionally to strengthening our role as an important player in connection to the substantial investments in infrastructure and industry in northern Sweden. By reason of not least the green conversion, it is of course immensely positive that our geographical presence is strengthened in all of Norrland as it is a region that is expected to grow a lot in the upcoming years, says Andreas Christoffersson, Nordisk Bergteknik CEO.

The purchase price amounts to SEK 60 million and the acquisition will be reported in the Rock Sweden segment and is assessed to annually contribute approximately SEK 0.10 to earnings per share based on the expected amount of outstanding shares after the acquisition. The acquisition is expected to be completed during the first quarter of 2022.

The information was submitted, through the care of the contact persons below, for publication on 20 December 2021 at 08:30 CET.

For further information, please contact:
Andreas Christoffersson, CEO, +46 70-621 19 28, [email protected]
Johan Lundqvist, CFO, +46 76-392 71 21, [email protected]

About Nordisk Bergteknik
Nordisk Bergteknik has a clear growth strategy with the objective to contribute to the development of a future sustainable society. Our companies are specialists within rock handling and foundation solutions, and through compassion and skill they are able to combine demand with the surrounding natural conditions. To be involved at an early stage in building modern societal functions is our everyday life, our home ground and our future