Novedo expands outside of Sweden – acquires Danish Nordkabel A/S with annual net sales of about 315 MSEK
Stockholm, 11 November 2022 (09:30 CET)
Novedo Holding AB (publ), a privately owned industrial group within industry, infrastructure and installation & services has today acquired the Danish company Nordkabel A/S (“Nordkabel”), the company’s first acquisition outside of Sweden. Nordkabel, which will be part of Novedo’s Infrastructure segment, performs installations and service work, primarily in electricity networks, fibre and water, and has a strong and stable customer base exclusively in B2B including well-known companies and customers in the public sector. The company reported net sales