Veisikring Holding AS has agreed to divest its subsidiary Veisikring AS to Garda Sikring Group AS, marking a strategic move to streamline operations and enhance market presence.

Target Overview

Veisikring Holding AS, a company that was formerly part of the Roadworks Group, is a leader in the infrastructure services sector, specializing in roadworks and related services. The company is primarily owned by Norvestor, a prominent investment firm focused on the Nordic region, and has now entered into an agreement to divest its subsidiary, Veisikring AS, to the Garda Sikring Group AS.

Industry Overview in Norway

The road construction and infrastructure service industry in Norway is a robust sector, driven by the country’s commitment to enhancing its transportation network and supporting economic growth. With the government investing significantly in infrastructure projects, there is a growing demand for services such as roadworks and maintenance, paving the way for companies like Veisikring to flourish.

In recent years, the emphasis on sustainable construction practices has also influenced the industry, prompting companies to adopt innovative methods that reduce environm