Alpha Corporate Finance advised Veidekke in the divestment of its subsidiary Hammerfest Entreprenør to Consto

Hammerfest Entreprenør is the market leading turnkey construction company within the commercial and public building segments in Hammerfest. The company was established in 2003 and Veidekke acquired a large majority share of the company in 2012.

At the time of the transaction, Veidekke owned 100% of the company. Veidekke is a Scandinavian construction and property development company with revenue of EUR 3.6 billion and 8,600 employees. The company is headquartered in Oslo, Norway.  The background for Veidekke’s divestment is a strategic decision within the business unit Building Construction Norway to focus its activity on the markets in and around the larger cities in Norway. Consto is a Norwegian construction company with 900 employees.

Alpha Corporate Finance

Advised in the sale of

Hammerfest Entreprenør (subsidiary of Veidekke)

to

Consto

Engineering and Construction

MidCap Alliance