Relokator continues growing and has now purchased the removal and furniture assembly company Europe, which is based in Trondheim, Norway.
“The company is based in Trondheim, but runs operations in Bergen, Sandefjord and Drammen, too,” explains Tore Martinsen, CEO of First Mover Group.
He goes on to say that the purchase underpins the company’s geographical presence in the Trondheim region.
“We’ve just opened an office in Trondheim. This acquisition provides us with a strong foothold, allowing us to provide our full range of services in a new region.”
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In 2015, Europe generated a turnover of almost MNOK 30 – a figure that had fallen to around MNOK 25 last year. The company has been battling with negative profits in recent years, which naturally had an impact on the purchase price.
“I don’t want to go into details about the price, but all parties came away with a good deal,” concludes Tore Martinsen.
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