Bravida has signed a letter of intent to acquire the Minel Group in Norway
Bravida Norway has signed a letter of intent to acquire Minel AS, Norway’s fifth largest electrical contractor, which has a turnover of approximately 600 million kronor. The acquisition requires approval from the Norwegian competition authority.Minel AS has a presence from Otta in the north to Sarpsborg in the south, and its main business activities are in the Innlandet region. The Minel Group focuses on service and projects involving electrical installations and has a turnover of approximately 600 MNOK and around 350 employees. Tore Bakke, Division Manager at Bravida Norway, comments: “