Litra Containerservice AS is situated in Lillehammer. Its business is hiring out skips and the collection and transportation of waste. The company has 14 employees and an annual turnover of approximately NOK 15 million.

"The acquisition of Litra Containerservice is a part of our growth strategy, and will make us a complete supplier in the Lillehammer area," says Max Trandem, Managing Director of Veidekke Gjenvinning AS.

"This sale is a consequence of the fact that Litra is expanding its transportation operations," says Board Chairman of Litra and Litra Containerservice AS, Jon Bjørstad.

"It was important to us to secure the further development of Litra Containerservice, based on the existing organization and local presence. We are therefore very pleased that it is Veidekke that will be purchasing the company," he adds.

Any queries may be addressed to:

Managing Director Max Trandem, Veidekke Gjenvinning AS, phone + 47 911 67 610

Chairman of the Board of Litra Containerservice AS, Jon Bjørstad, phone +47 907 82478

VEIDEKKE ASA

15 % of the shares are held by the company's employees. The company's activities cover a large range of building and construction contracts, development of housing and commercial projects for private and public customers, asphalt operations and road maintenance, and collection and recycling of waste.