Scandiaconsult expands further through acquisition of Unico AS in Norway

Scandiaconsult expands further through acquisition of Unico AS in Norway Scandiaconsult is strengthening its operations in Norway through the acquisition of Unico AS. Unico has 60 employees and works within the housing and industrial sectors as well as with in industry, building planning and project development. The turnover for 2001 amounted to about SEK 50 million. The company, established in 1969, is located in Kristiansand and in recent years has participated in several acclaimed Norwegian building projects such as Schibsted's new printing plant in Oslo. The takeover date is 1 January 2003. "The acquisition will strengthen our position on Sørlandet in Norway. Our ambition is to continue developing and strengthen our multi- disciplinary profile in line with our clients' requirements," says Jan Ove Holmen, Managing Director of Scandiaconsult AS. "A merger with Scandiaconsult is a natural step in the company's development. The building industry is faced with a series of challenges, where the development of employees, multi-disciplinary work, environmental awareness and profitability are important factors. As part of a strong Nordic company like Scandiaconsult we'll be well equipped to tackle these challenges," says Tom Bredesen, Managing Director of Unico AS. For more information please contact Managing Director and CEO Torbjörn Torell, telephone +47 8 615 60 00 or Jan Ove Holmen Managing Director Scandiaconsult AS, telephone +47 22 51 80 00. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/09/20021009BIT00270/wkr0001.doc http://www.waymaker.net/bitonline/2002/10/09/20021009BIT00270/wkr0002.pdf