Veidekke has acquired Båsum Boring AS
Veidekkes wholly-owned subsidiary Kynningsrud Fundamentering has entered into a final agreement to aquire 70% of the shares of Båsum Boring AS and Båsum Boring Trøndelag AS, Norway's largest player in well and geothermal drilling. "This acquisition will strengthen us in energy and environmental solutions and supplement us with new services in the construction market," says Managing Director Dag Andresen with Veidekke Entreprenør. Since being established in 1952, Båsum Boring has developed into a Norwegian leader in drilling services for geothermal/water wells, laying foundations,