Eqva signs LOI to combine BKS and LOS Group companies

Eqva ASA signed a letter of intent to combine its subsidiary BKS with LOS Group's companies (LOS Elektro, LOS Eiendom Bergen, LOS Cable Solutions, Zinus) into a new subsidiary. Eqva will own 61% and LOS Group owners 39% of the combined entity with an EV of approximately NOK 620 million.

“Eqva signs a letter of intent to combine BKS and LOS into a market leading supplier in the sectors of piping, power, and automation.”eqva.no

• 1 source
• eqva.noEqva Group | Letter of Intent to Combine BKS and LOSDec 6, 2023

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