NRC Group ASA enters into agreement to sell its subsidiaries NRC Gravco and Septik Tank Co to Norva24
NRC Norge Holding AS, a wholly owned subsidiary of NRC Group ASA ("NRC Group") has today entered into a share purchase agreement (the "Agreement") to sell 100% of the shares in its wholly owned subsidiaries NRC Gravco AS and Septik Tank Co AS (collectively the "Companies") to Norva24 AS ("Norva24"), the Northern European market leader within underground infrastructure maintenance services (UIM). The Companies have expected annual revenue of approximately NOK 90 million for 2022. The transaction is made in accordance with NRC Group’s strategy to focus on its core business, and the net