Nordic Waterproofing Holding AB (publ) (the “Company”) held its annual general meeting on 29 April 2021, for the 2020 financial year. In order to prevent the spread of the virus causing covid-19, the general meeting was carried out solely through postal voting, without any physical presence. At the general meeting, the following resolutions were made.
Strong quarter with 4 acquisitions First quarter of 2021 Consolidated net sales increased by 5 percent to SEK 704 m (670), organic growth amounted to 2 percent, acquisitions with 7 percent and currency had a negative impact of -4 percent. Net sales in Product & Solutions amounted to SEK 563 m (539) and in Installation Services to SEK 152 m (151) Gross profit increased to SEK 183 m (158), Gross margin increased to 26.1% (23.7%) EBITDA…
Nordic Waterproofing Holding AB’ annual report for the financial year 2020 will today be published on the company’s website http://www.nordicwaterproofing.com
As previously communicated on 10 March 2021, Nordic Waterproofing Group signed an agreement to acquire the Finnish company Seikat Oy (“Seikat”). Today, as planned, 84 percent of Seikat was acquired.
The shareholders of Nordic Waterproofing Holding AB (publ), reg. no. 556839-3168, are hereby given notice that the Annual General Meeting will be held on 29 April 2021.
In order to prevent the spread of the virus causing covid-19, the board of directors has decided that the annual general meeting shall be held without the physical presence of shareholders, proxies or external parties and that the shareholders shall have the opportunity to vote only by mail prior to the general meeting.
Information on the resolutions passed by shareholders will be disclosed on 29 April 2021, as soon as the outcome of the postal voting has been finally confirmed.
Nordic Waterproofing Group has acquired the Swedish company Urban Green AB (“Urban Green”), trading in the company is offered indirectly through UG Partner Sweden AB through Pepins. The company is headquartered in Stockholm and has production facilities in Vislanda, Småland. Urban Green has 27 employees and an annual turnover of approximately SEK 50 m. The acquisition is part of our strategy to promote sustainability by establishing green environments for roof landscapes. Urban Green complements Nordic Waterproofing’s existing Veg Tech operation and these two companies strengthens the offering of services and products to our customers in green solutions for urban environments.
Bengt-Erik Karlberg leaves his position in the Nordic Waterproofing Group Management Team and his position as CEO for Veg Tech AB. As of today, 18 March 2021, Johan Ljungberg is appointed as Acting CEO for Veg Tech AB.
Nordic Waterproofing Group has signed an agreement to acquire the Finnish company Seikat Oy (“Seikat”). The company is headquartered in Ylistaro and designs, manufactures, markets and installs long-span (15 – 24 meters) wooden prefabricated roof panels to industrial buildings, warehouses, public and commercial buildings. Seikat has 21 employees and an annual turnover of ca EUR 4 m. This acquisition is part of NW’s strategy of promoting sustainable, wood-based building solutions. Entering the Finnish market in this field is an important step in extending our relevant footprint beyond Denmark and Norway.
The Nordic Waterproofing Group has acquired 51% of Gauris B.V. (“Gauris”), a company in the Netherlands. The company was founded in 2018 and is headquartered in Heerenveen. Gauris is a trading and prefabricating company for lining, supplying the segments ponds, pools, roofing, water storage, environmental solutions and civil projects. They offer almost all kind of lining products like EPDM, FPP, LDPE, HDPE, FPO/TPO, geotextiles and PVC with the Netherlands as their main market. Gauris has 7 employees and an annual turnover of ca
EUR 1 m.
Nordic Waterproofing Holding AB will publish its full year report for the period January – December 2020 on Tuesday, 9 February 2020, at approximately 08:00 a.m. CET. A conference call and web presentation for investors, analysts and media will be held the same day, at 10:00 a.m. CET.
Nordic Waterproofing Group has acquired 70% of the Norwegian company Byggpartner AS (“Byggpartner”).
The company is headquartered in Sandefjord and performs installation and maintenance of waterproofing products in the area around Oslo. Byggpartner has 56 employees and an annual turnover of ca NOK 180 m. The acquisition will strengthen our position and improve our service offering in the Norwegian market.
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