Information on the target
Multiconsult ASA ("Multiconsult") is a leading multidisciplinary engineering and consultancy firm based in Norway, specializing in various sectors including Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment. With a workforce of over 4,200 employees, Multiconsult operates across multiple countries, including Sweden, Denmark, Poland, and the UK. The company reported net operating revenues of approximately NOK 5.7 billion and an EBITA of around NOK 395 million in 2025.
Rejlers AB (publ) ("Rejlers") is a prominent engineering consultancy firm with a strong presence in Sweden, Finland, Norway, and the United Arab Emirates. The company employs approximately 3,600 experts and focuses on sectors such as energy, industry, buildings, infrastructure, and defense. In 2025, Rejlers achieved a turnover of SEK 4.7 billion, positioning itself as a catalyst for sustainable transformation in the consultancy landscape.
Industry overview in the target’s specific country
The Environmental Consultancy Services industry in Norway is characterized by a growing demand for sustainable practices and regulatory compliance. As environmental concerns gain prominence, businesses are increasingly seeking expert guidance to navigate complex regulations and implement eco-friendly solutions. This trend is driven by both governmental policies aimed at reducing carbon footprints and corporate social responsibility initiatives that prioritize sustainability.
Norway's commitment to environmental sustainability is reflected in its ambitious climate goals, which include reducing greenhouse gas emissions by 55% by 2030. This regulatory framework has created a robust market for environmental consultancy services, as companies require assistance in assessing their environmental impact and developing strategies to meet compliance standards. The industry is also witnessing a surge in demand for services related to renewable energy projects, waste management, and environmental impact assessments.
Furthermore, the Norwegian government has invested significantly in green technology and infrastructure, fostering a conducive environment for consultancy firms specializing in environmental services. The increasing complexity of environmental regulations and the need for innovative solutions have positioned environmental consultancies as essential partners for businesses aiming to achieve sustainability objectives. As a result, the industry is expected to continue its growth trajectory, driven by both regulatory pressures and market demand for sustainable practices.
The rationale behind the deal The merger between Multiconsult and Rejlers aims to create a leading pan-Nordic multidisciplinary consultancy group, enhancing their collective capabilities in the Environmental Consultancy Services sector. By combining their strengths, the new entity, Multic…