Corteco strengthens its position in the Norwegian market with the acquisition of Viking Entreprenør
Corteco, a leading company in sustainable property renovation backed by Celero Capital, has acquired Viking Entreprenør from its previous owners.
Viking Entreprenør was established in 2005 and is an experienced general contractor specializing in facade rehabilitation, with expertise in complex concrete rehabilitation, restoration of historical buildings, and swimming pools. The company primarily operates in Eastern Norway but undertakes projects across the country within its areas of specialization.
I'm eager to lead Viking Entreprenør forward as part of Corteco in the Norwegian market, and together with the other companies in the group, we can offer a broader range of services to existing and future customers.Søren Christensen, Managing Director of Viking Entreprenør
Corteco is the professional partner for property owners in sustainable renovation and maintenance of building exteriors. Founded by Celero Capital in 2022, Corteco has grown through the acquisition of several prominent companies in the industry.
The acquisition of Viking Entreprenør strengthens Corteco's presence in Norway. Viking Entreprenør will become part of Corteco's existing portfolio, which includes A. Hansen Gruppen AS, acquired in December 2023.
Oaklins' team in Norway acted as the exclusive financial advisor to the shareholders of Viking Entreprenør in this transaction.
We are pleased to have found a strategic partner that provides both the company and current shareholders with the opportunity to participate in an exciting consolidation in Scandinavia.Øyvind Holtedahl, Partner at Oaklins Norway
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