Oslo, 25 September 2017 - Reference is made to the announcement by Multiconsult
ASA 10 July 2017 concerning the acquisition of the Hjellnes Group. The Company
is pleased to announce that on 25 September 2017, the acquisition was
successfully completed.
As part of the completion procedure Multiconsult ASA has paid NOK 184 million to
the sellers for 100% of the shares in Hjellnes Consult AS and Johs Holt AS. The
settlement is a combination of NOK 119 million in cash and NOK 65 million in
Multiconsult shares.
For further information, please contact:
Investor relations:
Mirza Koristovic, Head of Investor Relations
Phone: +47 93 87 05 25
E-mail: ir@multiconsult.no
Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no
ABOUT MULTICONSULT
Multiconsult is a leading Norwegian multidisciplinary engineering consulting
company, with more than 2 500 employees and 45 offices in Norway and abroad. The
Company focuses on six business areas: Buildings & Properties, Transport,
Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has
an operating history that spans more than a century, with the inception of Norsk
Vandbygningskontor in 1908.
This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.