Bravida Norway has signed an agreement to acquire Elektro-entreprenøren Arendal AS, and thereby strengthen its position in the electrical installation and service market in the southern parts of Norway. The company has sales of around NOK 46 million and 31 employees.
Elektro-entreprenøren Arendal AS was founded in 1989 and has a strong position in electrical systems in Agder, especially in the service market, where its main customers are public service operators. Elektro-entreprenøren Arendal AS has a strong focus on sustainability and is, for example, Miljøfyrtårn-certified, which means it complies with high standards regarding health and safety, purchasing, energy, transport, waste, emissions and aesthetics.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.