Roadworks has divested Veidrift AS to Ramudden AS, creating the leading road work zone safety solutions provider in Norway.
Information on the Target
Veidrift AS, established in 1991, boasts over 30 years of expertise in providing road warning systems, work zone safety solutions, and a range of related safety services. With a comprehensive portfolio of road safety equipment rental solutions, Veidrift has established itself as a key player in Norway’s road safety sector.
Industry Overview in Norway
The road safety solutions industry in Norway is characterized by a strong emphasis on effective traffic management and work zone safety. With increasing road traffic and ongoing infrastructure projects, the demand for safety solutions has never been more critical. This sector is supported by robust government regulations aiming to enhance safety standards, thereby driving innovation and investment.
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Norway's commitment to road safety is reflected in various initiatives that promote safer infrastructure and enforce strict compliance with safety regulations. Companies in this spac
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Ramudden AS
invested in
Veidrift AS
in 2023
in a Management Buyout / Buy-In (MBO) deal