# Overhalla Betongbygg acquires 50% stake in Helgeland Betong

Overhalla Betongbygg acquired a 50% stake in Helgeland Betong, a Norwegian concrete element producer. The deal was signed in spring 2022. The combined entity aims for 80 million NOK in revenue in 2022.

- Type: Acquisition
- Announced: 2022-10-05
- Where: Mo i Rana, Norway
- Status: completed
- Capacity: 40000 square meters of hollow-core slabs per year, 24000 square meters of other elements per year
- Products: concrete elements, hollow-core slabs
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Overhalla Betongbygg](https://endata.com/companies/65745.md) (acquirer)
- [Helgeland Betong](https://endata.com/companies/65746.md) (target)

## Sources

- [nordfra.no](https://www.nordfra.no/helgeland-betong-slaes-sammen-med-overhalla-betong/), 2022-10-05: "De eier nå 50 prosent av selskapet, en prosess som foregikk i litt over et halvt år før avtalen ble signert våren 2022."

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