{"id":25003,"date":"2020-11-04T10:00:02","date_gmt":"2020-11-04T09:00:02","guid":{"rendered":"https:\/\/mux.muppet-lab.dev\/mutares-successfully-completes-the-acquisition-of-the-swedish-and-finnish-road-services-business-from-ncc\/"},"modified":"2020-11-04T10:00:02","modified_gmt":"2020-11-04T09:00:02","slug":"mutares-successfully-completes-the-acquisition-of-the-swedish-and-finnish-road-services-business-from-ncc","status":"publish","type":"post","link":"https:\/\/mutares.com\/en\/mutares-successfully-completes-the-acquisition-of-the-swedish-and-finnish-road-services-business-from-ncc\/","title":{"rendered":"Mutares successfully completes the acquisition of the Swedish and Finnish Road Services Business from NCC"},"content":{"rendered":"<ul>\n<li>Strengthens Goods &amp; Services segment<\/li>\n<li>Company with a combined revenue of around EUR 125 million in the field of road Operations and Maintenance (\u201cO&amp;M\u201d)<\/li>\n<li>Mutares further expands in the Nordics and reconfirms growth strategy<\/li>\n<li>From December, the companies operate under the names Terranor AB and Terranor OY<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Munich\/Stockholm, 04 November 2020 \u2013 Mutares SE &amp; Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Nordic Road Services AB and Nordic Road Services Oy, each a leading provider of road operation and maintenance in their respective markets, from NCC. From December on, the companies will operate under the new names Terranor AB and Terranor Oy.<\/strong><\/p>\n<p><strong>\u00a0<\/strong>Both companies will strengthen the Goods &amp; Services portfolio segment as one new platform investment with expected revenues in 2020 of approx. EUR 125 million. In line with the acquisition, Mutares is opening a Stockholm office by the end of Q4\/2020 reaffirming the continuous growth and expansion strategy.<\/p>\n<p>Both companies, Nordic Road Services AB, operating in Sweden, and Nordic Road Services Oy, operating in Finland, provide a variety of services: winter services like snow ploughing and sanding\/ salting, summer services like road repairs and green area management, complemented by road supervision, regular road maintenance, wildlife fences, and road markings . Key customers are mainly the state and municipal authorities. Nordic Road Services works together with a total of approx. 214 experienced O&amp;M employees to ensure the timely and complete realization of customer orders with a high degree of satisfaction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strengthens Goods &amp; Services segment Company with a combined revenue of around EUR 125 million in the field of road Operations and Maintenance (\u201cO&amp;M\u201d) Mutares further expands in the Nordics and reconfirms growth strategy From December, the companies operate under the names Terranor AB and Terranor OY &nbsp; Munich\/Stockholm, 04 November 2020 \u2013 Mutares SE [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[347],"tags":[],"class_list":["post-25003","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Mutares successfully completes the acquisition of the Swedish and Finnish Road Services Business from NCC - Mutares SE &amp; Co. KGaA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mutares.com\/en\/mutares-successfully-completes-the-acquisition-of-the-swedish-and-finnish-road-services-business-from-ncc\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mutares successfully completes the acquisition of the Swedish and Finnish Road Services Business from NCC\" \/>\n<meta property=\"og:description\" content=\"Strengthens Goods &amp; Services segment Company with a combined revenue of around EUR 125 million in the field of road Operations and Maintenance (\u201cO&amp;M\u201d) Mutares further expands in the Nordics and reconfirms growth strategy From December, the companies operate under the names Terranor AB and Terranor OY &nbsp; Munich\/Stockholm, 04 November 2020 \u2013 Mutares SE [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mutares.com\/en\/mutares-successfully-completes-the-acquisition-of-the-swedish-and-finnish-road-services-business-from-ncc\/\" \/>\n<meta property=\"og:site_name\" content=\"Mutares SE &amp; Co. 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