Bravida completes acquisition of HS:Vagle

The anti trust authorities in Norway has approved Bravida’s acquisition of
HS:Vagle in Stavanger. The acquisition is effectuated as of today, December 1st.
In November Bravida signed an agreement to acquire the Norwegian installation
companies HS:Vagle Elektro AS and HS:Vagle Rør AS (”HS Vagle”), with around 120
employees in Stavanger. Bravida owns 75 % of HS:Vagle and has an option to
acquire the remaining 25 %. The integration starts immediately.

For further information, please contact:
Mattias Johansson, head of Bravida Norge. Phone: +47 950 19 225
Bravida is Scandinavia's leading full-service provider of installation and
service offerings with 8,000 employees in Sweden, Norway and Denmark. Bravida
delivers specialist services as well as complete electrical, heating and
plumbing, and HVAC solutions, offering everything from design and project
planning to installation, operation and maintenance. Bravida is represented in
over 150 locations in Sweden, Norway and Denmark. www.bravida.com