Underground Infrastructure Maintenance (UIM) services are mission critical and non-discretionary for the everyday functioning of society.
Many underground infrastructure networks are past their life expectancy, requiring more maintenance and more service in order to maintain functionality. We are one of the few UIM service providers that can offer a full range of services at a rapid response time to local, national and international customers.
Entrepreneurs
Together we support Around 60,000 customers annually. Get in contact with us and we will embark on a journey together.
Fact and Figures
-
3,631
Total operating revenue
MNOK
Growth +15.2% -
284
EBIT
MNOK
Growth +0% -
384
Adjusted EBITA
MNOK
Growth +10.5% -
+6%
Organic growth
Percent
-
+4.6%
Organic growth
Currency adjusted
-
10.6%
Adjusted EBITA margin
Percent
Subsidiaries
Our services
Emptying services
Emptying services include the emptying of septic tanks, grease separators, oil separators and sand traps. These are all essential services and require a high degree of environmental and regulation compliance.
Pipe services
Pipe cleaning must usually be completed before inspection or other services, which include the cleaning and flushing of clogged pipes, often requiring the use of large combi vehicles with flushing capacity.
Pressure washing
Pressure washing is the most effective technology for many assignments. For industrial purposes, we use high pressures from 400 to 3000 bar.
Latest local news from Norva24
Norva24 today
Norva24 is the market leader within the fragmented Northern European UIM services market.
We aim to become the leading European operator and be a true inspiration to others in the UIM industry. We are well underway with this strategy and have taken a number of steps on this path during 2021.
We continue to operate through a route-based and decentralised branch model which has been key to our success. Norva24 has long-standing relationships with local SMEs and regional customers and is one of the few operators able to serve national and international customers.
Our vision
Norva24’s long-term vision is to build a European market leader and a lighthouse in UIM. Norva24’s aim is to become the leading European operator in the industry and an inspiration to the UIM industry’s development in Europe.
Apax Funds, through Nordahl Bidco AB (under name change from Goldcup 36769 AB) (the “Offeror”), has today announced a public offer to the shareholders of Norva24 to tender all their shares in Norva24 to the Offeror at a price of SEK 36.5 in cash per share (the “Offer”)