Business Wire

BELFOR, the Global Market Leader in Damage Restoration, Expands its Geographical Coverage With SSG Group, Scandinavia

22.6.2022 17:59:00 EEST | Business Wire | Press release

Share

BELFOR, the world’s leading provider of disaster recovery services, and SSG, the Scandinavian market leader in damage restoration services, have joined forces to strengthen their customer service in Denmark, Sweden and Norway.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220622005595/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

BELFOR, the Global Market Leader in Damage Restoration, Expands its Geographical Coverage With SSG Group, Scandinavia (Graphic: Business Wire)

BELFOR, now with more than 12.500 employees in 500+ locations throughout the world, covers the whole value chain in disaster recovery - from damage assessment, first mitigation measures, restoration to reconstruction services for small, large and technically complex losses.

SSG Group provides a broad service offering focussing on damage prevention, damage restoration, repair and reconstruction services with 980 employees in 57 locations in Denmark, Sweden and Norway.

“With SSG, we will grow our skilled and experienced teams with great people, increase our service capability and optimize our response times for our national and international clients”, explains Elvir Kolak, CEO of BELFOR Europe.

Carsten Fensholt, CEO of SSG Group, adds: "This transaction means a tremendous boost for our organizations in Denmark, Norway and Sweden as it adds the technical competence of BELFOR to our service portfolio and provides new development opportunities for our employees.”

BELFOR will now be the number 1 restoration company in Denmark supported by 650 people. This acquisition represents a significant step forward in terms of BELFOR’s geographical expansion into Scandinavia, which has started in Denmark in 2016 with the acquisition of Rosva followed by Rolund in 2021.

"We are happy to welcome SSG to our BELFOR family and are excited to support their future growth. SSG employs wonderful people with a great customer focus - a perfect match! We are proud to have them on board. Our growth plans are ambitious and we are looking for more great companies to join the BELFOR family - in Scandinavia as well as across Europe”, concludes Sheldon Yellen, the global CEO of BELFOR.

ABOUT BELFOR

BELFOR is the world's leading provider of disaster recovery services. BELFOR has over 40 years of experience, covering the whole value chain from damage assessment, restoration and renovation services. This makes us a preferred partner for the insurance industry as well as for commercial and private clients.

With SSG, BELFOR will have more than 12,500 employees and 500+ locations in 57 countries. Ready to help customers on small, large and technically complex losses 24/7, 365 days a year.

www.belfor.com

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Cornelia Meyer von Bremen
Tel: +49 (0) 203 - 7 56 40-300
cornelia.meyervonbremen@belfor.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SINOVAC Receives Nasdaq Notification Regarding Late Filing of 2025 Annual Report29.5.2026 23:01:00 EEST | Press release

Sinovac Biotech Ltd. (Nasdaq: SVA) (“SINOVAC” or the “Company”), a leading provider of biopharmaceutical products in China, today announced that it received a notification letter dated May 20, 2026 (the “Notification Letter”), from Nasdaq Listing Qualifications (“Nasdaq”) stating that as of May 8, 2026, the Company had regained compliance with the periodic filing and interim financial requirements in Nasdaq Listing Rules 5250(c)(1) (the “Periodic Filing Rule”) and 5250(c)(2), as required by the Panel’s decision dated January 21, 2026. As previously disclosed on January 22, 2026, under the Panel’s decision, SINOVAC was required to, on or before May 11, 2026, demonstrate compliance with such Nasdaq Listing Rules by completing filings of its annual report for the year ended December 31, 2024, on Form 20-F and an interim balance sheet and income statement as of the end of its second quarter of 2025 on Form 6-K. The Company timely completed such filings as required by the Panel’s decision.

From Network Automation to Agentic NetOps: NetBrain Sets the Standard for Deploying AI in Network Operations29.5.2026 16:00:00 EEST | Press release

NetBrain Technologies, Inc. today announced major new platform features that advance Agentic NetOps from an emerging category to operational reality. NetBrain's clients are already deploying agents that are diagnosing and remediating issues across complex multi-vendor enterprise networks. These new features further extend the platform with new agent tooling, cross-domain context, and open interfaces for the broader agentic enterprise. Early customer outcomes show the magnitude of the shift: A leading health insurer used NetBrain's Deep Diagnosis agent to diagnose and resolve a weeks old VPN connectivity issue in under five minutes. A large manufacturer resolved a critical device issue with a single prompt, isolating the root cause across the network path in under 20 minutes, saving hundreds of hours of engineer time, shrinking MTTR by more than 95%. A global telecommunications firm found NetBrain's context-grounded agents outperformed a stand-alone frontier LLM on a persistent firewall

Adtran resolves long-running patent litigation, reinforcing commitment to defend innovation29.5.2026 15:00:00 EEST | Press release

Adtran today announced it has resolved a patent litigation matter, resulting in a full settlement and dismissal of all claims with prejudice. The case, initiated in 2020 by a non-practicing entity asserting five patents, was transferred to the US District Court for the Northern District of Alabama in 2021 following a successful motion by Adtran. Adtran subsequently filed counterclaims, including bad-faith patent assertion under Alabama statutory law. The settlement includes payment to Adtran to resolve its counterclaims. Terms of the agreement remain confidential. “This outcome reflects a disciplined and consistent approach to protecting our innovation and our customers,” said Justin Ferguson, SVP and general counsel at Adtran. “We take all claims seriously, but we will not hesitate to defend ourselves when assertions lack merit. Situations like this place unnecessary strain on technology providers and divert resources from advancing networks and services. By advancing our counterclaim

Meiji Seika Pharma Invests in GHIC’s Global Health Security Fund29.5.2026 14:00:00 EEST | Press release

Meiji Seika Pharma Co., Ltd. (Headquarters: Tokyo, Japan; President and Representative Director: Toshiaki Nagasato) today announced that it has committed to invest in the Global Health Security Fund (GHSF), which is sponsored by Global Health Investment Corporation (GHIC), a New York-based nonprofit organization. Through this investment, Meiji Seika Pharma will support the acceleration of innovations addressing critical global health challenges, including pandemic preparedness and antimicrobial resistance (AMR). GHIC is a mission‑driven nonprofit organization that deploys private investment strategies to generate both global health impact and financial returns. GHIC recently closed its second fund in GHSF. With more than a decade of experience investing in the field of infectious disease, GHIC has contributed to addressing major global health challenges. Its portfolio companies have successfully commercialized more than a dozen products, collectively reaching over 600 million people wo

IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC29.5.2026 13:50:00 EEST | Press release

IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, and health and biosciences, today announced that it has entered into an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners, a leading global private markets manager, in a transaction that values the business at approximately $4.3 billion, representing an enterprise value-to-EBITDA multiple of approximately 10x. As part of the transaction, IFF has chosen to retain an approximately 10% minority equity interest in the business, or approximately $200 million, permitting continued collaboration and cooperation between IFF and Food Ingredients and allowing IFF and its shareholders to participate in future value creation under its new ownership. The transaction marks a significant step in IFF’s portfolio transformation and is expected to strengthen the company’s focus on its innovation-driven businesses: Taste, Scent, and Health & Biosciences. Following the transaction, IFF will be

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye