Norva24 Group AB (Publ) (OM:NORVA) agreed to acquire Baier Rohrreinigung Gmbh on November 9, 2023. The company is managed by Andreas Baier, the founder, who will remain with the company and drive Norva24?s vision forward as general manager. The acquisition is primarily financed by Norva24's existing credit facility.

Closing is expected in Q4 2023, and there are no regulatory obstacles identified.