AF Gruppen completes acquisition of Claxton Engineering Services
The enterprise value is GBP 63.5 million, financed from liquidity reserves. Claxton will become a new business unit.
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Norwegian contractor and industrial group
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In short: AF Gruppen reported record-high Q1 2026 earnings, completed a major UK acquisition, and progressed significant offshore and civil projects.
The enterprise value is GBP 63.5 million, financed from liquidity reserves. Claxton will become a new business unit.
The contract value is approximately SEK 530 million for construction and refurbishment of the wastewater treatment plant.
The agreement strengthens the focus on offshore decommissioning and offshore wind. The transaction is expected to be completed in Q2 2026.
The system delivers up to 60 m³ per hour, quadrupling standard output while improving safety and reducing vessel time.
AF Gruppen delivered strong growth in the first quarter of 2026 with revenue of 7.978 billion kroner and pre-tax profit of 318 million. Construction, energy and...
AF Gruppen has acquired all shares in Claxton Engineering Services to strengthen its position in offshore decommissioning, life extension and offshore wind. The agreed enterprise...
The construction company AF Anläggning goes to court after being kicked out of a tunnel project in Stockholm just over a year ago.
AF Gruppen (AFG) recorded NOK 8,595 million revenues in the fourth quarter. Profit before tax was NOK 589 million in the fourth quarter, corresponding to...
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