On 30 June 2025, the trading in Terranor Group AB’s (publ) shares commenced on Nasdaq First North Growth Market. The offering price was set to SEK 20 per share, corresponding to a market value of the company's shares of approximately SEK 400 million.
Terranor is one of the leading players in road maintenance in the Nordic region. The Company’s business concept is to offer a wide range of qualified services in road operation and maintenance to ensure that roads remain accessible and functional all year round. The business covers both winter road maintenance, with snow removal and anti-slip protection, and summer maintenance, such as repairs and asphalt work. In addition, Terranor offers services in green area management, road safety and light infrastructure projects.
DNB Carnegie Investment Bank acted as Sole Global Coordinator and Sole Bookrunner. Baker McKenzie acted as legal advisor to DNB Carnegie with a capital markets team consisting of Henric Roth, Nanna Trulsson and Olof Larsson.
