Go to deals
Construction & Engineering Services

Viking Entreprenør has been acquired by Corteco

August 2024 — Corteco has acquired Viking Entreprenør, strengthening its position in the Norwegian market. By working together with the other companies in the Corteco group, Viking will be able to offer a broader range of services to existing and future customers.

Viking Entreprenør is a construction company that specializes in the rehabilitation of building exteriors and swimming pools. It has long-term relationships with clients and partners, enabling a steady flow of projects throughout the year. It is positioned for growth, focusing on niche markets such as swimming pool renovation and the restoration of historic buildings. Viking combines specialized expertise with a structured project execution method, ensuring consistent and predictable financial performance backed by a solid order backlog.

Corteco concentrates on the renovation and maintenance of building exteriors. It provides a wide range of services that focus on roofs, windows, facades, garages, inner courtyards, balconies and solar cell installation. Founded by Celero Capital in 2022, Corteco has grown through the acquisition of several prominent companies in the industry. By partnering with these entrepreneurial businesses, Corteco offers comprehensive solutions to improve energy efficiency and sustainability in properties, addressing the growing demand for environmentally-friendly renovations.

Our role in the transaction

Oaklins’ team in Norway served as the exclusive financial advisor to the owners of Viking Entreprenør in this transaction.

Parties
“We selected Oaklins’ team in Norway due to their deep understanding of our business, industry and the landscape of potential buyers. Through close collaboration and determination, the team effectively highlighted our company’s strategic strengths and potential. They anticipated challenges throughout the process and negotiated favorable terms on our behalf. I highly recommend Oaklins to anyone considering selling their business.”

Søren Christensen

CEO and owner, Viking Entreprenør

Talk to the deal team

Øyvind Holtedahl

Partner
Oslo, Norway
Oaklins Norway

Edvard Eikeland

Director
Oslo, Norway
Oaklins Norway

Kit Andre Gaup

Manager
Oslo, Norway
Oaklins Norway

Related deals

Technolignes builds an Eastern Canada leader with the acquisition of C3F Telecom
Construction & Engineering Services | TMT

Technolignes builds an Eastern Canada leader with the acquisition of C3F Telecom

C3F Telecom Inc. has been acquired by Technolignes as part of its strategy to build a leading telecommunications infrastructure platform across Eastern Canada. The transaction brings together two highly complementary businesses, combining C3F’s engineering and network design expertise with Technolignes’ established field construction capabilities and regional presence. Together, the companies are well positioned to deliver end-to-end telecommunications infrastructure solutions to telecom operators, municipalities and public sector clients across a broader geographic footprint.

Learn more
Selena Group has acquired Grupo IGM
Construction & Engineering Services

Selena Group has acquired Grupo IGM

Selena Group has acquired a 66% stake in Grupo IGM, with the remaining 34% to be acquired after a three-year period through a put and call option mechanism. The transaction reinforces Selena Group’s international growth strategy through M&A and strengthens its position in Western Europe, particularly in the Iberian market. It supports the group’s long-term growth ambitions in sustainable construction solutions, expanding its capabilities and product offering in the energy-efficient construction segment.

Learn more
SAP Landscapes has secured investment from Renatus Capital Partners
Business Support Services | Construction & Engineering Services

SAP Landscapes has secured investment from Renatus Capital Partners

SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.

Learn more