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The approval from the Swedish Competition Authority on the divestment of the Water & Sewage business is still pending

Oslo, 2 August 2017: In a press release on the 22 June 2017, Saferoad Holding ASA announced an agreement to divest its Water & Sewage business in Sweden to Ahlsell AB. It was also communicated that the transaction was subject to approval by the Swedish Competition Authority and that closing was planned to September 2017.

Today, the Swedish Competition Authority announced that it will initiate further investigations to assess the transaction before reaching a conclusion, which will be announced within three months from today.

For more information, please contact:
Morten Holum, CEO
+47 99 50 99 30