Bravida Norway acquires AB Elektro AS and thereby establishes itself in the electrical installation and aquaculture sectors in Finnmark in Northern Norway. The company has sales of NOK 68 million and 32 employees.
The acquisition gives Bravida access to a large new geographical area and will be the Group’s northernmost branch. AB Elektro was founded in 1997 and is currently based in Alta, with operations in Burjord, Troms and Finnmark. The company is a full service provider for electrical and technical installations and its customers include both public and private companies.
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.