During the summer, Coor Service Management AB entered into an agreement to acquire West Facility Management AS for MNOK 95. With this acquisition, Coor’s growth in Norway continues, and its position in several parts of the country is strengthened significantly.
West had an annual turnover of approx. NOK 130 million and in excess of 300 employees.
Coor is one of the Nordic region’s largest Facility Management companies and has a clear growth strategy. The company wishes to be the leading supplier and the customer’s number one choice. The agreement to acquire West represents one of several new and important deals in 2018.
Bull’s Corporate team, headed by Eivind Bergo-Eriksen, has advised Coor throughout the negotiations and implementation of this important acquisition. Elisabeth Hoffman led the DD team, and Kirti M.Thomassen has assisted with the Norwegian Competition Authority’s approval process.