OBOS Prosjekt AS acquires majority stake in Stema Rådgivning AS

The transaction will take place October 5th if approved by the Norwegian Competition Authority. The agreement includes a put/call option to sell/buy the remaining 40% of the shares.

Vibecke Hverven, the CEO of OBOS Prosjekt AS pronounces : – Stema Rådgivning AS and OBOS Prosjekt AS will be one of the leading Project Management companies in Norway.
–The company has developed into a large operation and we found it right to seek for a stronger partner on the ownerside for the furter development of the business. We are looking forward to cooperating with OBOS in the years to come, says Per Henrik Bråthen, the major shareholder of Stema Rådgivning Holding AS.

Stema Rådgivning AS is providing services within Project Management mostly for construction of Commercial buildings and different kinds of Infrastructure projects both in Public and Private sector. Stema Rådgiving employes more than 100 people at the Head quarter in Oslo and at the Branch offices in Bergen, Stavanger, Trondheim and Nannestad. The aquisition includes the subsidiaries Stema Byggebistand in Tana (Northern part of Norway) and Byggeråd AS in the Hamar-region.

Obos Prosjekt AS is offering project management, construction management and construction control mostly at new Residential buildings and rehabilitation of old residential buildings. The company employes 80 people distributed at the offices in Oslo, Bergen, Hamar, Stavanger, Trondheim, Fredrikstad and Vestfold. Obos Prosjekt AS holds 76% of the shares of Østfold Prosjekt AS and 74, 8 % of Øyvind Moen AS, both active within Project Management and Construction management in the Oslo-area.

The OBOS-Group consists of 29 subsidiaries, 27 fully owned, an two by majority. They again are owning the majority of the shares in 83 companies.