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
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/
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.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220622005595/en/
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
Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million27.8.2026 14:47:00 EEST | Press release
Perma-Pipe International Holdings, Inc. (Nasdaq: PPIH) (“Perma-Pipe” or the “Company”), a leading global provider of engineered piping and leak detection solutions for energy, infrastructure and industrial markets, today announced the closing of a new global credit facility with J.P. Morgan consists of a $75.0 million revolving credit facility and a $14.0 million term loan facility, and allows the Company access to an additional $50.0 million in incremental capacity. The new facility replaces and consolidates multiple existing credit facilities maintained by the Company and its subsidiaries across various jurisdictions, creating a more streamlined and centralized financing structure for Perma-Pipe’s global operations. It also provides Perma-Pipe with significantly increased financial capacity, enhanced liquidity and greater flexibility to support working capital requirements, letters of credit, strategic investments and the Company’s continued expansion in key markets. Saleh Sagr, Pres
Uniphore and Tech Mahindra Partner to Deliver an Agentic AI Factory for the Enterprise27.8.2026 14:45:00 EEST | Press release
Uniphore, the Business AI Company, and Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, today announced a partnership to co-build and deliver agentic AI solutions for enterprise clients globally. The partnership combines Uniphore's Business AI Cloud (BAIC) platform with Tech Mahindra's deep digital business transformation expertise and global delivery capabilities, establishing an Agentic AI Factory to accelerate AI adoption at scale within Tech Mahindra and for its customer industry verticals. As part of the partnership, Tech Mahindra will integrate Uniphore's BAIC platform into its Agentic AI Factory, enabling the development, deployment and management of purpose-built small-language models (SLMs), AI agents and industry-specific solutions. Uniphore's platform is designed to unify enterprise data, knowledge, models and AI agents with built-in security and governance, providing the infrastructure req
Kioxia and Sandisk to Invest Over $31 Billion in Japan, Extending Leadership in Memory Industry27.8.2026 14:39:00 EEST | Press release
Kioxia Corporation, a subsidiary of Kioxia Holdings Corporation (TOKYO: 285A) and Sandisk Corporation (NASDAQ: SNDK) today announced anticipated significant investments in Japan, totaling over $31 billion (approximately 5 trillion yen) contingent upon government support. The investments through 2032 will continue to strengthen the Kioxia and Sandisk partnership, one of the most successful joint ventures across any industry. The partnership has helped drive decades of NAND flash memory innovation and invested over $50 billion (approximately 9 trillion yen) in Japan over the past 25 years. Kioxia and Sandisk will continue to deliver leading technology to support the growing demands of an AI and a data-driven world. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260827797147/en/ Aligned with market trends, these investments will support the ongoing buildout of infrastructure at the Yokkaichi Plant and the Kitakami Plant, along
Kioxia to Expand 3D Flash Memory Production Capacity with the New Fab3 at Kitakami Plant27.8.2026 14:20:00 EEST | Press release
Kioxia Corporation, a world leader in memory solutions, announced today that it has commenced site preparation and other related work for the construction of Fab3, a new state-of-the-art manufacturing facility at the Kitakami Plant in Iwate Prefecture, Japan, to expand production capacity for advanced three-dimensional flash memory BiCS FLASH™. Fab3 will be constructed on land south of Fab2, targeting operations to commence in fiscal 2029. The flash memory market is expected to continue to expand significantly in the medium to long term, driven by agentic AI, physical AI, and on-device AI. Through the construction of Fab3, Kioxia aims to meet rising market demand by expanding production and ensuring stable supply of cutting-edge flash memory products. Detailed plans for Fab3 regarding construction schedule and equipment investments will be determined based on market trends. Investment plans for Fab3 are contingent upon government support. Under its mission to “uplift the world with ‘me
Quaise Energy Closes $180 Million Series B with $35 Million Investment from Nabors Industries and Strategic Framework to Build World's First Superhot Geothermal Power Plant27.8.2026 14:05:00 EEST | Press release
Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the final close of its Series B, raising a total of $180 million in equity financing, including a $35 million investment from Nabors Industries (NYSE: NBR), one of the world's largest land drilling contractors and a long-standing partner to Quaise. Nabors has also entered into a strategic framework agreement that supports Quaise’s mission to make superhot geothermal a commercial reality, beginning with the development of Project Obsidian, the world’s first superhot geothermal power plant. The Series B brings Quaise’s total funding to date to $280 million. “We are unlocking the most powerful clean energy source on Earth, and the Series B signals deep conviction across a wide range of investors,” said Carlos Araque, CEO and President, Quaise Energy. “Nabors is an invaluable partner as we move millimeter wave drilling to full commercial operations at Project Obsidian and beyond.” Nabors’ invest
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