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Konstels subsidiary Krøderen Elektro AS acquires Hegna Installasjon in Kongsberg

Published 10 maj 2023

Konstel acquires Hegna Installasjon in Kongsberg

Konstel's subsidiary Krøderen Elektro AS has strengthened its operations with the acquisition of Hegna Installasjon in Kongsberg.

Krøderen Elektro is a leading electrical company in eastern Norway offering sustainable electrical installations, broadband, and security solutions. It also performs a range of inspections, electrical calculations, and analyses.

With branch offices in Kongsberg, Modum, Sigdal, Ringerike, Flå, and Gol, Hegna Installasjon occupies a strong position in the market. Its acquisition brings Krøderen Elektro's turnover to approximately NOK 230 million with a workforce of about 175.  

As Terje Myhre, CEO Konstel AS, comments: “This acquisition strengthens our market position in Kongsberg, and I want to take the opportunity to warmly welcome all Hegna Installasjon's employees and customers to Krøderen Elektro and Konstel.”  

The takeover was completed on 8 May 2023.

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