Norvestor has signed an agreement to divest Veisikring AS to Garda Sikring Group AS, streamlining its investment portfolio in the Norwegian security services sector.
Target Information
Veisikring Holding AS, a company previously part of the Roadworks Group, is primarily owned by Norvestor and specializes in security services. With a focus on providing essential safety and security solutions, Veisikring has established a reputable presence in the market.
The company is now set to divest Veisikring AS to Garda Sikring Group AS, a move aimed at enhancing operational efficiencies and aligning with future growth strategies.
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Industry Overview
The security services industry in Norway has experienced significant growth in recent years, driven by increasing demand for safety measures across various sectors, including
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Garda Sikring Group AS
invested in
Veisikring AS
in 2023
in a Other Private Equity deal