Roadworks AS has agreed to acquire a majority shareholding in KF Entreprenør AS, including subsidiaries Norpox Rehab AS and KF Byggservice AS. Total revenue for the group was NOK 375 million for 2015. Through the acquisition, Roadworks establishes a new business area within construction and infrastructure, and strengthens the project execution capabilities of the group.
After the transaction, Roadworks will own approximately 64% of the shares. The remaining shares will be owned by employees. KF Entreprenør was established in 2005. The company has its head office at Ryen in Oslo and has 100 employees, including subsidiaries.