Coor completes divestment of Damage Services operations in Norway

On 26 September 2017, Coor announced that it had signed an agreement with Polygon, the European market leader in property damage control, regarding the sale of the Damage Service operations in Norway. The divestment has now been approved by the Norwegian competition authority following the usual validation process. This means that the divestment has been completed as of today’s date, 1 November 2017.

For more information, please contact:

Olof Stålnacke
CFO and IR Manager, Coor
+46 10 559 59 20
olof.stalnacke@coor.com 

Sofie Schough
Acting Communication Director, Coor
+4610 559 59 83
sofie.schough@coor.com 

Coor is a leading provider of facility management services in the Nordics, focusing on integrated and complex service undertakings (IFM). Coor offers specialist expertise in workplace services (soft FM), property services (hard FM) and strategic advisory services for development of customers’ service activities. Coor creates value by executing, leading, developing and streamlining its customers’ service activities, ensuring that they provide optimal support to the core business over time. Coor’s customer base includes many large and small companies and public-sector organisations across the Nordic region, including AB Volvo, ABB, Aibel, Det Norske Veritas, E.ON, Ericsson, EY, NCC, Politiet (Danish Police), Saab, Sandvik, SAS, Skanska, Statoil, Telia Company, Swedish Transport Administration, Vasakronan and Volvo Cars.

Coor was founded in 1998 and is listed on Nasdaq Stockholm since 2015. At September, 30, 2017, the company had 6,500 employees based mainly in Sweden, Denmark, Norway and Finland, and annual sales of SEK 7,600 million. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at coor.com

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