The closing of the transaction has been pending approval from the Polish Competition Authority. This approval has now been obtained and the transaction is expected to be executed shortly.
Elikopol operates in the Road Infrastructure segment and holds a strong position in Poland, delivering both geosynthetics and corrugated steel solutions. In 2016, Elikopol had revenue of NOK 104 million.
The acquisition will strengthen Saferoad's position in the Polish market.
For more information, please contact:
Morten Holum, CEO
+47 99 50 99 30