NCC sells Danish recycling operations to RGS Nordic
NCC is selling its Danish recycling operations to the recycling company RGS Nordic. The divestment is part of NCC Industry’s streamlining of its operations in Denmark.
The business will be transferred on April 1, 2019, when RGS Nordic will take over NCC Industry’s operations at Energivej in Odense and the reception facility for soil on Lindø. Moreover, RGS Nordic will acquire four employees who are responsible for receiving, processing and recycling waste at NCC.
“The sale will allow us to focus more on strengthening our three core areas at NCC Industry in Denmark: stone material, our asphalt production and asphalt paving and our foundation engineering. We are very satisfied with the transaction and are pleased to be able to transfer Recycling to a professional market player,” says Michael Hansen, Head of NCC Industry in Denmark.
Following the sale, NCC Industry in Denmark consists of the Asphalt, Stone Materials and Hercules Foundation operating areas, which will work proactively in the future to reduce the industry’s climate impact and to drive the development av eco-friendly solutions. The focus is also on reusing materials in the production of new asphalt.
Danish-owned RGS Nordic is a specialist in the remediation of contaminated soil, industrial effluents and in recycling construction and civil engineering waste. The company has approximately 250 employees and operates more than 35 reception and processing facilities in Denmark, Sweden and Norway.
“We look forward to taking over NCC Recycling’s operations, which are a good fit to our business model, our sustainability profile and our ambition to be a leading player in the Nordic region in the decontamination and reuse av land resources. The acquisition also reinforces our presence on Fyn, which is an important market for us,” says Henrik Grand Petersen, CEO of RGS Nordic.
The transaction will have a marginally positive earnings impact on the first quarter of 2019 in the NCC Industry business area.
For further information, please contact:
Anna Trane, Head of Corporate Media Relations, NCC +46 708 847 469, email@example.com
Pernille Kjøller, Communications partner at NCC Industry +45 41 37 85 62
NCC’s media line: +46 8 585 519 00, e-mail: firstname.lastname@example.org, NCC’s Mediabank
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of over SEK 57 billion and 16,500 employees in 2018. The NCC share is listed on Nasdaq Stockholm.