Construction Equipment Group has acquired 100% of the shares in Vera Tank AS.

Vera Tank AS is the leading Norwegian provider of tank solutions for secure storage and transport of oil, fuel and chemicals. The company is a supplier for industries such as construction, agriculture, aquaculture, industry, transportation, aviation and shipping.

Construction Equipment Group is a newly established company headquartered in Gjerstad, Agder. The company has ambitions to become a leading Nordic supplier of equipment to the construction industry. The company is partly owned by the Private Equity company Explore Equity.

Synergos was financial and strategic advisor to the shareholders of Vera Tank in this transaction.