Qflow is acquiring Novaform, a leading Norwegian construction management firm, enhancing its market position and sustainability initiatives.
Information on the Target
Novaform is set to join the Qflow group by April 2025, reinforcing Qflow's presence in the Norwegian market. Established as a leading firm in construction management, project management, and consultancy within Norway's construction sector, Novaform operates from its headquarters in Sandnes. The company employs over 150 individuals and maintains 17 offices throughout the country.
This acquisition marks a significant strategic move for Qflow, as Novaform's expertise and established reputation will enhance its capabilities and service offerings in the construction domain.
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Industry Overview in Norway
The construction sector in Norway is a vital component of the national economy, contributing significantly to job creation and infrastructure devel
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Disclosed details
Revenue: $141M