We have assisted with the sale of TT-Teknikk to Recover Nordic

TT-Teknikk is a leading player in the Norwegian market within control and repair of sewage systems as well as maintenance of ventilation systems and drains.

Wikborg Rein has been assisting the six seller companies with the divestment of all the shares in the company. Buyer is the Recover Nordic group, which specializes in the cleaning-up and reconstruction after fire damages, water damages, and environmental damages. Owned by private equity fund EQT, Recover Nordic has a stated strategy to strengthen its position within industrial services in the Norwegian market. The acquisition of TT-Teknikk is the first step towards achieving that goal.

The core WR team was comprised of Gaute Grov and Sigurd Opedal. Please see press release here (Norwegian only).