Workflow
Dovre Group: Final purchase price of the sold businesses
Globenewswireยท2025-04-29 05:44

Group 1 - Dovre Group Plc completed the sale of its Project Personnel and Norwegian Consulting businesses to NYAB AB for a final purchase price of EUR 36.4 million, which is an increase from the preliminary price of EUR 35.3 million [2][3] - The transaction resulted in a profit of EUR 7.0 million from discontinued operations recorded in the first quarter of 2025 after deducting transaction-related costs [3] - The Extraordinary General Meeting held on 16 December 2024 approved the sale, which was finalized on 2 January 2025 [2] Group 2 - Dovre Group is involved in renewable energy project development and construction in the Nordic countries, focusing on wind, solar, battery energy storage systems, and heat pump facilities [3] - The company reported net sales of EUR 99.3 million in 2024 and employs approximately 200 people [3]