Bonava acquires Urbanium AS – a leading residential developer in the Oslo region
Bonava acquires the residential developer Urbanium AS for MNOK 608 on a cash and debt free basis. Urbanium’s business mainly consists of a land portfolio in the Oslo region. With this transaction, Bonava strengthens its position on the Norwegian market.Bonava Norge AS, a wholly owned subsidiary of Bonava AB (publ), has today entered an agreement to acquire all shares in Urbanium AS. Urbanium has since 2003 developed and sold residential units in Oslo as well as in central suburban regions around Oslo. The company has over the last years, bought and developed an attractive land portfolio