M&A Deal Summary

Norva24 Acquires ISS Kloak- & Industriservice A/S

On December 23, 2016, Norva24 acquired environmental company ISS Kloak- & Industriservice A/S from ISS

Acquisition Highlights
  • This is Norva24’s 1st transaction in the Environmental sector.
  • This is Norva24’s 1st transaction in Denmark.

M&A Deal Summary

Date 2016-12-23
Target ISS Kloak- & Industriservice A/S
Sector Environmental
Buyer(s) Norva24
Sellers(s) ISS
Deal Type Divestiture

Target

ISS Kloak- & Industriservice A/S

Albertslund, Denmark
ISS Kloak- & Industriservice A/S is a provider of sewage and industrial services in Denmark.

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Buyer(S) 1

Buyer

Norva24

Stryn, Norway

Category Company
Founded 1919
Sector Business Services
Revenue 3.2B NOK (2023)
DESCRIPTION

Norva24 is a sludge suction and related service provider formed through the merger of a number of complementary regional companies but with a similar service offering and a shared strategic vision of consolidating, professionalizing, and developing the sludge suction industry. Norva24 was formed in 1919 and is based in Stryn, Norway.


DEAL STATS #
Overall 1 of 1
Sector: Environmental M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

ISS

Soborg, Denmark

Category Company
Founded 1901
Sector Business Services
Employees251,303
Revenue 83.8B DKK (2024)
DESCRIPTION

ISS is a provider of workplace experience and facility management services, operating across regions including the UK, Ireland, the U.S., Canada, Switzerland, Germany, Australia, New Zealand, Türkiye, Spain, Denmark, and various international markets. The company delivers a broad portfolio of offerings such as office space solutions, enhanced workspace services, and production-area support. Its cleaning services cover manufacturing sites, transport and infrastructure facilities, food-related environments, and hospitality or event venues.. ISS was founded in 1901 and is based in Soborg, Denmark.


DEAL STATS #
Overall 3 of 5
Sector: Environmental M&A 1 of 1
Type: Divestiture M&A Deals 3 of 5
Country: Denmark M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-21 EVANTEC

Munich, Germany

EVANTEC GmbH is a provider of technical infrastructure and nuclear services for energy plants and other sites. EVANTEC offers highly specialized services and tailored concepts which ensure that operations in the plants and facilities of its business partners run safely, smoothly and in an efficient manner. EVANTEC GmbH was founded in 1982 and is based in Munich, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Guckenheimer Services

San Mateo, California, United States

Guckenheimer Services LLC is a food services company that focuses on the on-site preparation of freshly prepared food for employees. Guckenheimer Services LLC was founded in 1963 and is based in San Mateo, California.

Buy kr.1.5B