Arssarnerit has joined VVS & El Firmaet to strengthen technical services in Greenland
December 2025 — Arssarnerit AS, a leading technical contracting and service company in Greenland, has been sold by MT Højgaard Holding AS to VVS & El Firmaet AS. The new partnership strengthens local capabilities and ensures continuity of technical services in Greenland, supporting long-term infrastructure development. It is expected to close in Q2 2026, subject to approval by the competition authorities.
The transaction includes Arssarnerit’s operating assets, inventory, ongoing projects, employees and guarantees related to completed projects. This sale marks the final major step in MT Højgaard Holding’s strategic exit from international activities.
Headquartered in Nuuk, Arssarnerit provides technical installation and service solutions for public and private clients. The company plays a key role in maintaining critical infrastructure and supporting development projects across Greenland.
VVS & El Firmaet, based in Ilulissat, is a locally rooted technical services provider with strong expertise in plumbing and electrical solutions.
Headquartered in Copenhagen, Denmark, MT Højgaard Holding is one of the leading construction and civil engineering companies in the country. It is listed on the Nasdaq OMX Copenhagen Stock Exchange. The group employs over 3,000 people and generated revenue of more than US$1.6 billion in 2024.
Vår roll i transaktionen
Oaklins’ team in Denmark acted as the sell-side M&A advisor to its long-standing client, MT Højgaard Holding, in this transaction.
Dennis Nørgaard
CFO, MT Højgaard Holding AS
Prata med transaktionsteamet
Mikkel Graulund Jørgensen
Oaklins Beierholm
Relaterade transaktioner
Selena Group has acquired Grupo IGM
Selena Group has acquired a 66% stake in Grupo IGM, with the remaining 34% to be acquired after a three-year period through a put and call option mechanism. The transaction reinforces Selena Group’s international growth strategy through M&A and strengthens its position in Western Europe, particularly in the Iberian market. It supports the group’s long-term growth ambitions in sustainable construction solutions, expanding its capabilities and product offering in the energy-efficient construction segment.
Lär dig merSAP Landscapes has secured investment from Renatus Capital Partners
SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.
Lär dig merForza Doors has secured new debt facilities
Forza Doors Ltd. has secured new senior debt facilities from Triple Point. The new debt facilities will be used to refinance the business and support its future growth.
Lär dig mer