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Saferoad Holding ASA acquires Tubosider France S.A.S.

Oslo, 28 February 2018: Saferoad Holding ASA acquires 60 per cent of Tubosider France from the Tubosider Group, with an option to acquire the remaining 40 per cent.

Tubosider France is a leading player in the French road infrastructure market.  The company manufactures corrugated steel solutions for water management applications and distributes guardrails for roads and bridges. Tubosider France had revenue of around NOK 150 million in 2017.

“In Tubosider France, we acquire a leading company with an excellent reputation and we extend our portfolio of value-added solutions and our geographical reach.  The acquisition offers synergies with the existing business and will further strengthen our leading position in the road infrastructure market in Europe”, says CEO of Saferoad Morten Holum.  

“Joining forces with Saferoad provides great potential to develop the business further. The combined capabilities of both companies will strengthen the offering and give significant opportunities for continued growth both in Europe and in export markets”, says CEO of Tubosider Paolo Ruscalla.


The acquisition is effective as of 28 February 2018.


For more information, please contact:
Morten Holum, CEO Saferoad Group

+47 99 50 99 30

 

About Saferoad
Saferoad is a leading supplier of road safety and road infrastructure solutions in Europe. The Group offers a broad range of innovative and high-quality products and solutions to those who own, build and maintain roads. Saferoad is headquartered in Oslo, Norway and has approximately 2,700 employees across 20 countries in Europe.


About Tubosider 
Tubosider designs, manufactures and installs corrugated steel solutions, guardrails and noise barriers for road and railway applications. The Tubosider Group has operations in Italy, France, UK, and Russia and exports to major markets across the globe.