The Competition Authority in Norway has approved Bravida's acquisition of Oras
Bravida has received approval from the Norwegian Competition Authority to acquire Oras. The acquisition is expected to be formally completed and access will take place within five business days.Oras has a turnover of approximately 1,200 MSEK and more than 700 employees. With ten heating & plumbing and HVAC branches, the company has presence throughout Norway. The acquisition makes Bravida the market leading integrated supplier in installation and service in the Norwegian market. The integration starts immediately and the restructuring costs, approximately SEK 20 million, will affect