Birka Energi, Fortum, Karlstad Energi and Trondheim Energiverk has reached an agreement with Viterra Energy Services A/S, Germany to sell all the shares in Etrem AB for
SEK 160 million. The agreement is subject to the approval of the relevant Competition Authorities.
The company was formed as a joint venture between the sellers in 1998 in order to create
a more effective structure in the Nordic electricity metering industry.
Birka Energi has before the transaction 49 percent of the shares in Etrem, and Fortum,
Karlstad and Trondheim has 33 respectively 7 and 11 percent.
For further contact:
Merril Boman, Corporate Executive Vice President, Communications,
Birka Energi, tel + 468-671 7951, +4670-590 7975
Andreas Heuveldop, Head of Corporate Development/M&A,
Viterra Energy Services, tel +49 201 459 3401