Norconsult Sverige AB acquires Sigma Civil AB

Sigma Civil Tombstone

Norconsult Sverige AB acquires Sigma Civil AB

Norconsult Sverige AB has signed an agreement to acquire the Swedish consulting company Sigma Civil AB, which operates in the infrastructure, construction and real estate sectors, Weibull M&A has acted as financial advisor to Danir Group, which owns Sigma Civil

Sigma Civil which is mainly active in Malmö, Gothenburg, Umeå and Karlstad with 125 employees has been acquired by Norconsult Sweden from the Danir Group. Norconsult has a stated strategy of Nordic growth and local presence, the acquisition of Sigma Civil is in line with this strategy while broadening the expertise.

Sigma Civil is a small part of the Danir Group with 10,000 employees and no other company in the Group works with Sigma Civil's operations, so there are few synergies. Danir has concluded that Sigma Civil has better development potential in Norconsult, which has extensive operations in the civil engineering industry and a large base of assignments that support Sigma Civil's operations. The Danir Group retains its focus on IT and research and development.

Anders Dannqvist, CEO of Sigma Civil said: “With Norconsult, we enter the context where we see significant synergies for the benefit of our customers and employees. We complement and strengthen each other, and new opportunities will open for our employees. It feels particularly good that the corporate culture and values are in line with Sigma Civil's”.

The Norconsult Group, headquartered in Oslo, has approximately 6,500 employees and is one of the Nordic region's leading consulting companies in civil engineering. Norconsult combines engineering, architecture and digital expertise in assignments for both private and public clients. The company, which is listed on the Oslo Stock Exchange, is expanding in Sweden, where it currently has around 1,400 employees in some 40 locations around the country, with its head office in Gothenburg.

Farah Al-Aieshy, CEO Norconsult Sverige adds: “We are pleased to announce the acquisition of Sigma Civil, a company with highly experienced consultants and strong relationships with its clients. We are two companies that complement each other perfectly, both strategically and culturally”.

https://danir.se/

https://www.sigmacivil.se/

https://norconsult.se/

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