{"id":1412,"date":"2020-11-02T15:40:36","date_gmt":"2020-11-02T14:40:36","guid":{"rendered":"https:\/\/www.valedopartners.com\/?p=1412"},"modified":"2020-11-02T15:40:36","modified_gmt":"2020-11-02T14:40:36","slug":"norva24-acquires-platform-in-southern-germany","status":"publish","type":"post","link":"https:\/\/www.valedopartners.com\/en\/norva24-acquires-platform-in-southern-germany\/","title":{"rendered":"Norva24 acquires platform in Southern Germany"},"content":{"rendered":"<p><strong>Norva24 has acquired Kanal-T\u00fcrpe, a leading provider of Underground Infrastructure Maintenance (\u201cUIM\u201d) services in Southern Germany with operations in Gerolzhofen, Fulda and Blomberg. The acquisition significantly strengthens Norva24\u2019s leading position in the highly fragmented UIM market in Northern Europe.<\/strong><\/p>\n<p>Kanal-T\u00fcrpe has more than 50 years of experience in the industry, revenues of approximately EUR 20 million and a comprehensive service offering within UIM services. The company is headquartered in the central parts of Southern Germany and operates around 100 vehicles. In addition to the acquisition of Kanal-T\u00fcrpe, Norva24 has also recently completed one acquisition in Stockholm and two smaller acquisitions in Germany, with operations in L\u00fcbeck and L\u00fcneburg.<\/p>\n<p><i>\u201cWe are very excited to welcome Kanal-T\u00fcrpe to Norva24. Following our market entry into Germany in 2019 through the acquisition of Ex-Rohr, we now further strengthen our position as the emerging market leader in Germany. Furthermore, the acquisition implies that Norva24 now has revenues of close to NOK 2 billion, which is an important milestone in our vision to become the clear market leader within UIM services in Europe\u201d<\/i>, says Henrik Damgaard, CEO of Norva24.<\/p>\n<p>The terms of the deal will not be disclosed.<\/p>\n<p>For more information about Norva24, please contact:<\/p>\n<p>Henrik Damgaard, CEO<br \/>\nhenrik.damgaard@norva24.no<\/p>\n<p><b><i>About Norva24:<\/b><\/i><br \/>\nNorva24 is the undisputed category leader in the highly fragmented UIM services market in Northern Europe, with leading position in Norway, Denmark, Sweden and Germany. Service offering includes mission-critical and non-discretionary maintenance services for underground infrastructure (\u201cUIM\u201d), such as pressure washing, emptying service, pipe inspection and relining. Norva24\u2019s vision is to become a lighthouse in the development of the UIM industry in Europe through green initiatives, ESG reporting and IoT solutions. Norva24 has revenues of close to NOK 2 billion and employs around 1 200 employees. <\/p>\n<p><a href=\"http:\/\/www.norva24.com\">www.norva24.com<\/a><\/p>\n<p><b><i>About Valedo:<\/b><\/i><br \/>\nValedo is an independent Swedish investment company investing in high-quality small\/mid cap companies in the Nordic region. Valedo is focusing on companies with clear growth and development potential where Valedo can actively contribute to and accelerate the companies\u2019 development. Being an active owner and contributing both capital and industrial experience, Valedo ensures that a company can achieve its full potential. <\/p>\n<p><a href=\"http:\/\/www.valedopartners.com\">www.valedopartners.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norva24 has acquired Kanal-T\u00fcrpe, a leading provider of Underground Infrastructure Maintenance (\u201cUIM\u201d) services in Southern Germany with operations in Gerolzhofen, Fulda and Blomberg. The acquisition significantly strengthens Norva24\u2019s leading position in the highly fragmented UIM market in Northern Europe. Kanal-T\u00fcrpe has more than 50 years of experience in the industry, revenues of approximately EUR 20 &hellip; <a href=\"https:\/\/www.valedopartners.com\/en\/norva24-acquires-platform-in-southern-germany\/\">Continued<\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[52],"tags":[92],"class_list":["post-1412","post","type-post","status-publish","format-standard","hentry","category-norva24","tag-norva24-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Norva24 acquires platform in Southern Germany - Valedo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.valedopartners.com\/en\/norva24-acquires-platform-in-southern-germany\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Norva24 acquires platform in Southern Germany - Valedo\" \/>\n<meta property=\"og:description\" content=\"Norva24 has acquired Kanal-T\u00fcrpe, a leading provider of Underground Infrastructure Maintenance (\u201cUIM\u201d) services in Southern Germany with operations in Gerolzhofen, Fulda and Blomberg. The acquisition significantly strengthens Norva24\u2019s leading position in the highly fragmented UIM market in Northern Europe. Kanal-T\u00fcrpe has more than 50 years of experience in the industry, revenues of approximately EUR 20 &hellip; Continued\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.valedopartners.com\/en\/norva24-acquires-platform-in-southern-germany\/\" \/>\n<meta property=\"og:site_name\" content=\"Valedo\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-02T14:40:36+00:00\" \/>\n<meta name=\"author\" content=\"Malin Gustafsson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Malin Gustafsson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/\"},\"author\":{\"name\":\"Malin Gustafsson\",\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/#\\\/schema\\\/person\\\/3576a4cf90e86c15fdb18930376cfb3d\"},\"headline\":\"Norva24 acquires platform in Southern Germany\",\"datePublished\":\"2020-11-02T14:40:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/\"},\"wordCount\":369,\"keywords\":[\"norva24\"],\"articleSection\":[\"norva24\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/\",\"url\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/\",\"name\":\"Norva24 acquires platform in Southern Germany - Valedo\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/#website\"},\"datePublished\":\"2020-11-02T14:40:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/#\\\/schema\\\/person\\\/3576a4cf90e86c15fdb18930376cfb3d\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/norva24-acquires-platform-in-southern-germany\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Hem\",\"item\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/home\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Norva24 acquires platform in Southern Germany\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/#website\",\"url\":\"https:\\\/\\\/www.valedopartners.com\\\/\",\"name\":\"Valedo\",\"description\":\"Valedo \u00e4r en tillv\u00e4xtorienterad svensk investeringsgrupp.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.valedopartners.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.valedopartners.com\\\/#\\\/schema\\\/person\\\/3576a4cf90e86c15fdb18930376cfb3d\",\"name\":\"Malin Gustafsson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/618442bec7487cbd807665b7fc963d22bd1d4ac9e64a030508707c81b2490c65?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/618442bec7487cbd807665b7fc963d22bd1d4ac9e64a030508707c81b2490c65?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/618442bec7487cbd807665b7fc963d22bd1d4ac9e64a030508707c81b2490c65?s=96&d=mm&r=g\",\"caption\":\"Malin Gustafsson\"},\"url\":\"https:\\\/\\\/www.valedopartners.com\\\/en\\\/author\\\/malin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Norva24 acquires platform in Southern Germany - Valedo","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.valedopartners.com\/en\/norva24-acquires-platform-in-southern-germany\/","og_locale":"en_US","og_type":"article","og_title":"Norva24 acquires platform in Southern Germany - Valedo","og_description":"Norva24 has acquired Kanal-T\u00fcrpe, a leading provider of Underground Infrastructure Maintenance (\u201cUIM\u201d) services in Southern Germany with operations in Gerolzhofen, Fulda and Blomberg. 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