Sandvika, 28 February (OSE: NORCO): Norconsult Norge AS, a subsidiary ofNorconsult ASA , has acquired theOslo -based planning and analysis company Concreto AS. The company operates mainly within buildings, infrastructure and urban planning.Concreto's services primarily focus on economic analysis as a basis for decision -making by project owners in the early phases of projects. These services encompass early phase project consulting, concept development and project management, quality assurance, cost estimation, project improvement, cost -benefit and risk analysis, and dispute handling. Counting 13 employees,Concreto had revenues ofNOK 20 million in 2023. "Norconsult have already worked closely withConcreto on several projects, and we are aware of their high professional competence and skills. The acquisition strengthens Norconsult`s expertise in cost and risk management, and we look forward to welcoming theConcreto team toNorconsult ," says Bård Hernes, EVP Norway Head Office atNorconsult . The acquisition is expected to close inFebruary 2024 . For further queries, please contact: Investors:Dag Fladby , CFO, IR@norconsult.com Media:Henrik Charlesen , Senior Communication Advisor, henrik.charlesen@norconsult.com *** AboutNorconsult Norconsult is a leading pan-Nordic interdisciplinary consulting firm combining engineering, architecture and digital expertise across projects of all sizes, for private and public customers in infrastructure, energy and industry, buildings and architecture. Headquartered in Sandvika,Norway ,Norconsult's delivery model is centred around knowledge hubs and local presence through approximately 6,300 employees and 140 offices inNorway ,Sweden ,Denmark ,Iceland ,Poland andFinland .
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