What does the partnership mean for BELFOR?
BELFOR, with over 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.
BELFOR will be the number 1 restoration firm in Denmark supported by 650 people. This acquisition represents a big step forward in terms of BELFOR’s expansion into Scandinavia, started in Denmark in 2016 with the acquisition of Rosva followed by Rolund in 2021.
SSG provides a service offering focusing on damage prevention, restoration, repair and reconstruction with 980 employees in 57 locations in Denmark, Sweden and Norway.
What were the executives’ thoughts on the deal?
Commenting on the partnership, Elvir Kolak, Chief Executive Officer, BELFOR Europe said,“With SSG, we will grow our skilled and experienced teams with great people, increase our service capability and optimize response times for our national and international clients.”
Carsten Fensholt, the CEO of SSG Group, added: “This deal means a tremendous boost for our firms 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.”
“We are happy to welcome SSG to our BELFOR family. 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 firms to join the BELFOR family – in Scandinavia as well as across Europe”, concludes Sheldon Yellen, the global CEO of BELFOR.