Anders Granshagen has been appointed CEO of ININ Power AS, which is the holding company of ININ Group’s Power Distribution platform.
Granshagen was one of the original founders of NRC Group and has also later founded Hadeland Elektro AS, which is now part of ININ Group.
ININ Group’s Power Distribution platform consists of businesses that deliver services within energy infrastructure, telecommunication and electrification. Going forward, ININ Group’s Power Distribution platform will consist of the following companies:
• Laje AS, which is a focused infrastructure construction and service company within the energy infrastructure, telecom and electrification sector.
• Be-Ma AS, a niche contractor within fibre optics, EV charging stations and related segments.
• Thuve’n Anlegg & Bane AS – a company that specialises in construction and installation of fibre optic infrastructure and other communication equipment for the railway and other industries.
• Skyttermoen Anlegg AS, a specialist site preparation contractor which provides services within excavation work, drainage, cable trenches, High-voltage networks, land development and project development. The share purchase agreement to acquire Skyttermoen Anlegg was signed last week, and the transaction is expected to be completed in the third quarter of 2024.
“Anders’ task is to lead and develop the Power Distribution platform and facilitate cooperation between the different platform companies where they can create value together. Each company possesses different specialist skills, but they have overlapping areas of expertise where we aim to identify revenue synergies. Our objective is to develop a leading Nordic player within the power distribution segment,” says Øivind Horpestad, CEO of ININ Group.
ININ Group currently has three investment platforms – Rail Infrastructure, Power Distribution, and Testing, Inspection & Certification (TIC) – that operate independently of one another but cooperate when it adds value. Each platform is mandated to utilise M&A as a vehicle to drive consolidation and growth in their respective industry segments.
