MT Højgaard Holding unit agrees to buy Nordisk Fundering for DKK 52 million
MT Højgaard Danmark agreed to buy 100% of Denmark-based foundation specialist Nordisk Fundering for an enterprise value of DKK 52 million, including a DKK 16 million earn-out. Closing is expected in Q4 2026, subject to competition authority clearance; Nordisk Fundering will retain its name under MT Højgaard Danmark.
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08:06:13 AM UTC
SquawkNews
Sept 30 (Reuters) — MT Hoejgaard Holding A/S: Mt Højgaard Danmark Acquires Nordisk Fundering Purchase Price For Shares Is Dkk 52 Million (Enterprise Value) Acquisition Expected To Complete In Q4 2026 Pending Competition Authority Approval Acquisition Expected To Contribute Positively To Mt Højgaard Holding Results From 2027 Nordisk Fundering International Operations To Be Divested As Part Of Acquisition Nordisk Fundering 2025 Revenue Dkk 127 Million, Ebit Dkk 9 Million Source text:... Further company coverage: MTHH.CO (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;)