AF Gruppen

AF GRUPPEN NEWSROOM (10 press releases)

Advanced Filtering & Sorting Options:

AF Gruppen Expands Offshore Capabilities with Strategic Acquisition of Claxton Engineering Business

PRESS RELEASE -- 15, April 2026

(IN BRIEF) AF Gruppen has agreed to acquire offshore engineering company Claxton in a deal valued at approximately NOK 800 million, strengthening its capabilities in offshore decommissioning, offshore wind, and conventional energy services. Claxton, a global provider with strong profitability … Read the full press release

AF Gruppen Subsidiary LAB Entreprenør to Complete Final Phase of Hatleberg Student Housing Renovation Project

PRESS RELEASE -- 12, March 2026

(IN BRIEF) LAB Entreprenør, part of AF Gruppen, has secured a NOK 212 million contract with Sammen, the Student Welfare Organisation of Vestland, to refurbish two student housing buildings at the Hatleberg student village in Bergen. The project involves upgrading … Read the full press release

AF Gruppen Subsidiary Strøm Gundersen Secures Major Turnkey Contract for Krafttårnet and Generatoren Buildings in Drammen Helsepark

PRESS RELEASE -- 25, February 2026

(IN BRIEF) AF Gruppen subsidiary Strøm Gundersen has been selected to build the Krafttårnet and Generatoren buildings as part of phase two of the Drammen Helsepark project in Norway. The turnkey contract, valued at NOK 731 million excluding VAT, covers … Read the full press release

AF Gruppen Acquires 70 Percent of H.A. Bygg to Enhance Infrastructure and Treatment Facility Capabilities in Sweden

PRESS RELEASE -- 13, February 2026

(IN BRIEF) AF Gruppen, through AF Bygg Syd AB, has agreed to acquire a 70 percent stake in H.A. Bygg Entreprenad AB, a leading concrete contractor in western Sweden. H.A. Bygg, founded in 1986, employs 62 people and recorded an … Read the full press release

AF Gruppen Achieves Record Fourth-Quarter Revenues and Strong Full-Year 2025 Performance

PRESS RELEASE -- 13, February 2026

(IN BRIEF) AF Gruppen reported record fourth-quarter revenues of NOK 9,252 million and earnings before tax of NOK 653 million, marking its strongest quarter to date. Full-year 2025 revenues reached NOK 31,992 million with earnings before tax of NOK 1,653 … Read the full press release

AF Offshore Decom Secures NOK 350–400 Million Contract with Ithaca Energy for North Sea FSU Decommissioning

PRESS RELEASE -- 12, February 2026

(IN BRIEF) AF Offshore Decom, part of AF Gruppen, has secured a contract with Ithaca Energy to manage the engineering, receipt, cleaning, dismantling, and recycling of a 24,000-ton floating storage unit from the UK North Sea, with delivery to AF … Read the full press release

AF Gruppen set to undertake large-scale concrete and tunnelling works for Bjølsegrøvatn dam rehabilitation project

PRESS RELEASE -- 2, February 2026

(IN BRIEF) Statkraft Energi has announced its intention to enter into an execution contract with AF Gruppen for the rehabilitation of the Bjølsegrøvatn dam in Kvam, Vestland, with an estimated value of NOK 400 million excluding VAT, pending final investment … Read the full press release

Statsbygg and AF Gruppen sign NOK 123 million contract for execution phase of Viking Ship Museum refurbishment at Bygdøy

PRESS RELEASE -- 2, February 2026

(IN BRIEF) Statsbygg and AF Gruppen have signed a contract for the execution phase of a partial refurbishment of the old Viking Ship Museum at Bygdøy, valued at approximately NOK 123 million excluding VAT, as part of the wider New … Read the full press release

AF Gruppen to Deliver BREEAM-Excellent Vehicle Preparation and Logistics Facility at Holmen in Drammen

PRESS RELEASE -- 16, January 2026

(IN BRIEF) AF Gruppen, via its subsidiary Strøm Gundersen, has been awarded a turnkey contract valued at NOK 538 million excluding VAT to construct a new vehicle preparation centre at Holmen in Drammen. Developed for a joint project company established … Read the full press release

Norwegian Consortium Awarded Research Funding to Develop Low-Carbon Concrete Foundations

PRESS RELEASE -- 7, January 2026

(IN BRIEF) The BetongVIND project has received NOK 11 million in funding from the Research Council of Norway to develop industrial-scale production technology for gravity-based concrete foundations used in offshore wind. Led by AF Gruppen and supported by partners including … Read the full press release