CONSTRUCTA ENTREPRENØR acquired by VEIDEKKE
Context
Veidekke has successfully finalized the acquisition of 100% of the shares in Constructa Entreprenør, integrating the organization into its Veidekke Bygg division. This strategic transaction represents a significant territorial densification in the Bergen market, one of the most attractive and competitive construction hubs in Norway. The strategic rationale for the move centers on the high degree of technical and cultural complementarity between the two organizations, particularly regarding their shared commitment to maintaining a robust workforce of permanently employed skilled workers. By incorporating the target’s specialized execution capabilities and localized market depth, the group significantly expands its service offering and project pipeline in Western Norway. The partnership is designed to leverage the group’s pan-Scandinavian resources and digital procurement scale to optimize the target’s operational efficiency while preserving its regional reputation for execution quality. This integration facilitates the consolidation of a massive technical talent pool, creating a combined regional unit with a substantially higher execution capacity. This move reinforces the group’s standing as a primary technical enabler for large-scale urban development, ensuring long-term technical durability and operational caliber within the regional building sector.
CONSTRUCTA ENTREPRENØR, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN.
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
Target
Constructa Entreprenør is a specialized industrial organization dedicated to general contracting and project execution within the high-growth Bergen region. The entity’s business model is centered on high-quality construction delivery through a vertically integrated workforce of permanently employed skilled craftsmen and technical experts. Its value proposition lies in its deep localized expertise and strong performance across diverse market segments, ranging from commercial building to specialized residential projects. Strategically, the firm focuses on technical reliability and execution capacity, maintaining high barriers to entry through a reputation for craftsmanship and stable labor relations. By prioritizing a "hands-on" operational philosophy and technical durability in project management, the organization facilitates the modernization of regional urban infrastructure. The firm operates as a critical partner for private and public developers requiring industrial-grade execution in Western Norway.
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Historical Financials (NOK)
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REFERENCES
Valuation range: EV 100M - 350M NOK
Revenue range: 450M - 900M NOK
EBITDA range: 50M - 100M NOK
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Acquirer: veidekke