Veidekke acquires Båsum Boring AS
Veidekkes subsidiary Kynningsrud Fundamentering has signed a letter of intent to acquire 73% of the shares of Båsum Boring AS from Krøderen in Buskerud and Trondheim. "Båsum is Norway's largest player in well and geothermal drilling, and a very well-run company. 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