Ramudden completes three acquisitions
Ramudden has acquired 100% of the shares in three businesses across the Nordics - Veidrift AS (Norway), Roads Aps (Denmark) and JES TA & Trafik Stockholm (Sweden) - to expand its services offerings and further solidify the footprint.
From the left: Roy Mevold, Managing Director Norway, Morten Finslo, CEO Ramudden Group, Frank Stabo, Founder Veidrift and Henrik Østbye, CEO Veidrift.
“We are very happy to welcome another three leading businesses to our family. All of them share the same values as us with local entrepreneurship, customer first, strong teamwork and relentless focus on quality and innovation. They are highly complementary to our local businesses and allow us to further broaden our offerings to our customers and partners. Together we will grow faster and stronger - a big welcome to all of our new colleagues”, says Morten Finslo CEO of Ramudden.
The acquisitions add three new locations in and around the metropolitan areas of Oslo, Copenhagen and Stockholm, more than 180mn of revenues and 70 new colleagues.
Veidrift AS, Norway: Veidrift was founded in 1991 and is one of the leading temporary traffic management and permanent sign installation companies in Norway. The company has since 2015 been part of Norvestor-owned Roadworks. The business is headquartered at Langhus and employs 55 people.
Roads Aps, Denmark: Roads was founded in 2017 and is the leading urban temporary traffic management provider in Copenhagen and Fredriksberg. The business operates out of one location in Copenhagen and employs 12 people. -> Full press release here
JES TA & Trafik Stockholm AB, Sweden: JES TA & Trafik was founded in 2020 and is a fast-growing services provider in the Greater Stockholm region. The business operates from Tumba and employs 3 people.
For more information, contact
Morten Finslo, firstname.lastname@example.org +46 (0)70 53 199 66