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  5. Afry Acquires Solid Engineering AS

M&A Deal Summary

Afry Acquires Solid Engineering AS

On September 30, 2016, Afry acquired engineering company Solid Engineering AS

Acquisition Highlights
  • This is Afry’s 2nd transaction in the Engineering sector.
  • This is Afry’s 1st transaction in Norway.

M&A Deal Summary
Date 2016-09-30
Target Solid Engineering AS
Sector Engineering
Buyer(s) Afry
Deal Type Add-on Acquisition

Target

Solid Engineering AS

Molde, Norway
Solid Engineering AS is a provider of technical and administrative services within the market areas of energy, oil and gas, construction, telecommunications and HSEQ. The company has its offices in Molde, but provides services throughout the country.

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Buyer(S) 1

Buyer

Afry

Stockholm, Sweden
Category Company
Founded 1895
Sector Engineering
Employees17,900
Revenue 27.2B SEK (2024)
DESCRIPTION

Afry is an engineering and design company within the fields of energy, industry, and infrastructure. Afry creates sustainable solutions for the next generation through talented people and technology. Afry was founded in 1895 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 4 of 10
Sector: Engineering M&A 2 of 7
Type: Add-on Acquisition M&A Deals 4 of 9
Country: Norway M&A 1 of 1
Year: 2016 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-01 Sjöland & Thyselius

Sundbyberg, Sweden

Sjöland & Thyselius is a technological consulting company involved in providing expert, senior and resource consultants to customers and also provide in-house development of customer's systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-16 Teknoplan AB

Stockholm, Sweden

Teknoplan AB is a designer of electrical and telecom installations systems for customers such as stockholm public transport, the city of stockholm, the swedish transport administration, healthcare real estate company Locum and major property developers.

Buy -
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