# Aarsleff acquires 51% of Olimb Group's Norwegian pipe renewal business

Per Aarsleff Holding agreed to acquire 51% of Olimb Group's trenchless pipe renewal activities in Norway, with a fixed price of DKK 103 million for 100% and an option on the remaining shares by 2022.

- Type: Acquisition
- Announced: 2017-08-31
- Where: Norway, Norway
- Value: $16.1M (103.0M DKK)
- Status: announced
- Products: trenchless pipe renewal services

## Companies

- [Per Aarsleff Holding](https://endata.com/companies/1997.md) (acquirer)
- [Olimb Group](https://endata.com/companies/1998.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/08/31/1106013/0/en/aarsleff-acquires-51-of-olimb-group-s-pipe-renewal-activities.html), 2017-08-31: "Per Aarsleff Holding A/S has entered into an agreement to acquire 51% of the Norwegian company Olimb Group’s pipe renewal activities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.