AF Gruppen's subsidiary Kanonaden Entreprenad will carry out the site
preparation and civil engineering work for a new centralised warehouse facility
in Bålsta outside of Stockholm. The contract is valued at an estimated SEK
120-140 million, excluding VAT. 

The site preparation and construction activities will be carried out on behalf
of Logicenters, one of the Nordic region's leading developers of logistics
centre facilities. Kanonaden and Logicenters have worked in partnership on
multiple previous projects, including the ongoing logistics project on behalf of
Dagab, which is adjacent to this project. The logistics centre is being erected
for the plumbing wholesaler Dahl as part of their establishment of a new,
highly-automated centralised warehouse.

'We appreciate our positive ongoing relationship with Logicenters and look
forward to creating the optimal conditions in which to build the new central
warehouse for Dahl,' says Bård Konrad Frydenlund, Executive Vice President of AF
Gruppen Sweden.

Site preparation commenced this summer and is scheduled for completion by the
end of 2022. The site is expected to be ready for occupancy during the first
half of 2023. 


For further details, please contact: 

Bård Frydenlund, EVP AF Gruppen, responsible for Betonmast and Sweden, tel.: +47
918 68 621
Andreas Rydbo, CEO, AF Gruppen Sverige AB, tel. +46 31 762 40 03

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange