Nalka portfolio company Best Transport enters agreement to acquire Ringstad Transport AS – strengthens presence in Norway.
With the complementary acquisition, Best Transport increases its geographical coverage and expands its service offering in Norway.
“Norway has been a priority of Best Transport for many years, and we are very happy to welcome Ringstad Transport AS to the Best group. Ringstad holds a strong client list, a highly competent and skilled staff and great services that fit well with Best Transport’s service portfolio. We firmly believe that with Ringstad we will have the right platform for further growth on the Norwegian market. Together, we look forward to delivering enhanced value and exceptional service to both new and existing clients across expanded geographies”, says Mats Steen, CEO of Best
Ringstad was founded in 1990 and is headquartered in Moss. The company offers diverse services within transport and logistics including transports of smaller packages, piece goods, bulk goods, dangerous goods, and related warehousing in its own storage terminal. The Ringstad fleet consist of more than 70 vehicles and its operation covers all of Norway, with a stronger presence in key locations.
The completion of the acquisition is subject to customary regulatory approvals.