Leading Nordic supplier of roofing solutions
The Nordic Waterproofing group was formed in 2011 through the carve-out and merger of the roofing activities of Swedish construction company Trelleborg and Finnish construction company Lemminkäinen. This was followed shortly after by expansion into Norway and successful integration of four acquisitions. Steps were taken to strengthen the Nordic roofing business, increase operating efficiency and realise synergy effects, and today the company is one of the largest suppliers of roofing solutions in Northern Europe. Axcel floated the company on Nasdaq Stockholm in June 2016 and sold its remaining holdings in the company to Swedish and international investors in December 2016 and February 2017.