Rejlers acquires Karl Knudsen AS

Rejlers acquires the Norwegian consulting company Karl Knudsen AS, well known for its expertise in building and civil engineering with cutting-edge expertise in project management and design. The acquisition is part of Rejlers' growth strategy and means that the company strengthens its position in the Trondheim region through a broader and more complete service offering to customers.

Karl Knudsen was founded in 1966, has 23 employees and is headquartered in Trondheim. The company has had a positive development and today has a turnover of NOK 45 million with good profitability. After the acquisition, the number of employees in Rejlers Norway amounts to more than 200, spread over 10 offices.

"We are very pleased with the acquisition of Karl Knudsen AS, a technology consultant with a good reputation that harmonizes perfectly with our strategy. It gives us a unique opportunity to strengthen our position in the region, not least in terms of the energy transition, which is a high priority for many of our customers and where we now, together with Karl Knudsen, become a stronger supplier," says Petter Arnesen, CEO of Rejlers Norway.

Karl Knudsen has extensive experience and high competence in construction engineering design and project management, including programming, investigations, planning and follow-up. In addition, the company has expertise in renovation and new construction projects for, for example, commercial properties, residential and industrial properties and infrastructure.

"The merger with Rejlers strengthens us, and with our joint service offering we will be able to provide our customers, both existing and new ones, significant added value. Competition for talent is tough and within Rejlers there will be opportunities for our talented employees to develop further in terms of career," says Arnstein Garli, CEO of Karl Knudsen AS.

Karl Knudsen will be part of Rejlers' Buildings division. The company will be consolidated as of October 2, 2023.

For further information, please contact: 
Petter Arnesen, CEO, Rejlers Norge AS, +47 95 19 53 17, [email protected] 
Malin Sparf Rydberg, Director of Communications, +46 70 477 17 00, [email protected]

About Rejlers
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With cutting-edge expertise, we help companies, public authorities and other organisations meet tomorrow's societal challenges. Our services are important building blocks for achieving a sustainable society. Founded in 1942, Rejlers success is built on the ability to constantly embrace new knowledge. Our vision "Home of the learning minds" guides us to continuous learning, development and growth. With operations in Sweden, Finland, Norway and the United Arab Emirates, Rejlers has around 3300 experts in technology areas such as energy, industry, infrastructure and real estate. In 2022, the company had a turnover of 3.5 billion SEK and its class B share is listed on Mid Cap, Nasdaq Stockholm. www.rejlers.com