Norva24, the leading provider of Underground Infrastructure Maintenance (“UIM”) services in Northern Europe, has successfully listed its shares on Nasdaq Stockholm with first day of trading 9 December 2021. Norva24’s vision is to become the leading European operator in the UIM market and to drive the development of the UIM industry in Europe through continued
Norva24 has acquired Kanal-Türpe, a leading provider of Underground Infrastructure Maintenance (“UIM”) services in Southern Germany with operations in Gerolzhofen, Fulda and Blomberg. The acquisition significantly strengthens Norva24’s leading position in the highly fragmented UIM market in Northern Europe. Kanal-Türpe has more than 50 years of experience in the industry, revenues of approximately EUR 20
Valedo Partners Fund II AB (“Valedo”) has invested in Norva 24, a group offering sludge suction and related services in Norway. Norva 24, founded in 2015, was created through the merger of a number of complementary regional companies but with a similar service offering and a shared strategic vision of consolidating, professionalizing and developing the