The Norwegian engineering consultancy company Arealtek AS, which offers consulting, planning and project management within the water, road and wastewater sector in Norway, will now become part of Envidan. The acquisition of Arealtek will particularly strengthen Envidan’s engineering services for the water and wastewater sector in Norway.
Founded in 2009 by Morten Bjøntegaard in Norway, Arealtek has grown from 1 to 21 employees in 12 years. A success that they are now looking forward to develop further with Envidan. Morten Bjøntegaard will continue as general manager of Arealtek and will continue to deliver cost-effective quality solutions to Norwegian customers.
“We have built a strong foundation in Norway with many good customers and exciting projects. Our profile within spatial planning and the water sector fits very well with Envidan’s ambitions to be strong in this particular field, and in the process we have experienced Envidan as a serious and competent buyer who has a desire to develop Arealtek together with our skilled employees.”
Envidan, which is headquartered in Denmark and has offices in Denmark, Norway and Sweden, is co-owned by the European private equity fund Waterland. With Envidan as a platform, Waterland wants to create a market-leading player in the water sector in Northern Europe. Therefore, CEO of Envidan, Morten Fjerbæk, is also very excited that Arealtek now becomes part of Envidan.
“We are already present in Norway, where Envidan AS provides a unique cost recovery tool that each year assists more than 300 Norwegian municipalities and waste companies in ensuring fair and correct fees to end users, but for at long time we have wanted to strengthen our position in the Norwegian market within engineering services, and we are confident that Arealtek is the match that will take us a step further.”
In Envidan, the Arealtek employees will have 320 colleagues, all of whom work within the water cycle, in one way or another. This allows for unique professional advice across Scandinavia. Morten Fjerbæk explains:
“We are not the largest consulting engineering company in Denmark or the Nordic region, but if you look exclusively at services within the water cycle, we are actually among the largest, because we deal exclusively with water. This means that the professional environment we offer our staff is large and highly qualified, and helps to ensure that our customers receive top quality advice.”
Kaspar Kristiansen, Managing Director of Waterland, is also very pleased with the acquisition of Arealtek:
“Together with the management of Envidan, we have set an ambitious growth plan, and we are very pleased that even before we are one year into the plan, we have succeeded in adding strong competencies to Envidan in both Norway and Sweden. In July 2021, Swedish VA Ingenjörerna became part of the Envidan family, and now with Arealtek in Norway, we are well on our way to realizing our goals. It will be an exciting journey.”
For further information contact:
Morten Bjøntegaard, Director and General Manager of Arealtek at
morten@arealtek.no
or +47 901 38 033
Morten Fjerbæk, CEO of Envidan at
mof@envidan.dk
or +45 40 46 17 18
Kaspar Kristiansen, Managing Director of Waterland at
kristiansen@waterland.dk
or +45 21 18 22 44
