Targeted enhancement of service portfolio in Norwegian market
Dietlikon, 31 May 2012 – Implenia is buying 100% of the shares of concrete specialist Midtnorsk Betongsprøyting AS. Based in Orkdal in Norway, the company posted revenue of almost CHF 8 million (NOK 46 million) and EBIT of almost CHF 2 million (around NOK 11 million) in 2011. The company has eight employees, all of whom are being kept on.
Midtnorsk Betongsprøyting AS is a specialist in shotcreting, rock protection and injection – services that it offers throughout Norway. For Implenia Norge the acquisition represents a targeted enhancement of its service portfolio. The transaction is scheduled to complete shortly, subject to approval by the Norwegian competition authorities.
Implenia is Switzerland's leading construction and construction services company. Formed in 2006 from the merger between Zschokke and Batigroup, Implenia can look back on more than 140 years of history in the construction industry. The company brings the expertise of its highly skilled Real Estate, Infrastructure Construction and Industrial Construction divisions under the single roof of a nationally and internationally active company. With its integrated business model and specialists operating in all its divisions, Implenia can manage a building project through its entire lifecycle and deliver work that is economical, sustainable, integrated and customer-centric.
Implenia, with its headquarters in Dietlikon near Zurich, employs more than 6,000 people and posted turnover of more than CHF 2.5 billion in 2011. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at www.implenia.com.