{"success":true,"data":{"pressRelease":{"id":"156259","rtpr_id":"nGNE6sgh1m-20260930","ticker":"MTHH","exchange":"Nasdaq Copenhagen","all_tickers":["MTHH"],"title":"REG-MT Højgaard Holding A/S: MT Højgaard Danmark acquires Nordisk Fundering","author":"Globe Newswire","published_at":"2026-09-30T08:00:00.083Z","article_body":"MT Højgaard Holding’s business MT Højgaard Danmark has entered into an\nagreement to acquire 100% of the shares in the Danish foundation engineering\nspecialist Nordisk Fundering A/S. The purchase price for the shares is DKK 52\nmillion (enterprise value), of which DKK 16 million is an earn-out and thus\ncontingent upon future conditions. The acquisition is subject to approval by\ncompetition authorities and is expected to be completed during Q4 2026.\n\nNordisk Fundering will continue to operate under its own name and leverage its\nniche expertise within MT Højgaard Danmark, led by its current CEO and\nco-owner, Jesper Schack Fønss Bach.\n\nBased in Aarhus, Nordisk Fundering has a staff of eight salaried employees and\napproximately 20 hourly-paid workers, as well as a specialised machinery\nfleet. In 2025, the company generated revenue of DKK 127 million and an\noperating profit (EBIT) of DKK 9 million.\n\n\"Nordisk Fundering provides access to extensive know-how and equipment that\nstrengthens our business as a whole. We are maintaining Nordisk Fundering as a\nfocused unit responsible for anchor drilling and specialist contracts in the\nexternal market where they hold a strong position, while they will also\ncontribute to MT Højgaard Danmark’s own large and complex projects. Nordisk\nFundering has a skilled leader and highly competent foundation specialists who\nwill be integrated and work closely with MT Højgaard Danmark’s own\nfoundation team,” says Christian Dyregaard, area manager for foundations at\nMT Højgaard Danmark.\n\nMT Højgaard Danmark already works closely with Nordisk Fundering on several\nmajor infrastructure projects, where the company serves as a key\nsubcontractor.\n\n\"I look forward to continuing the work of Nordisk Fundering, but within a\nlarger setup. Our employees know their counterparts at MT Højgaard Danmark\nwell from joint projects, and we share the same values. At the same time, we\ncomplement each other very well. Nordisk Fundering is a leader in ground\nanchors, and both parties are strong and complement each other in secant\npiling and sheet piling work. So this is the right buyer and a good time for\nthe divestment,\" says Jesper Schack Fønss Bach.\n\nNordisk Fundering has previously had operations in select locations abroad,\nbut that part of the business is being divested in connection with MT\nHøjgaard Danmark’s acquisition of the company.\n\nThe acquisition has no effect on MT Højgaard Holding’s expectations for\n2026, but it is expected to contribute positively to the Group’s results\nfrom 2027 onwards.\n\nFurther information:\nCEO Rasmus Untidt and CFO Dennis Nørgaard can be contacted on telephone +45\n31 21 68 72.\n\nAttachment\n*     MTHH_Investor news 30Sep26\n(https://ml-eu.globenewswire.com/Resource/Download/998bdbfa-c1eb-418b-ad24-15d6c5ee4851)","article_body_html":"","raw_payload":{"data":{"id":"nGNE6sgh1m-20260930","title":"REG-MT Højgaard Holding A/S: MT Højgaard Danmark acquires Nordisk Fundering","author":"Globe Newswire","ticker":"MTHH","created":"2026-09-30T08:00:00.083Z","tickers":["MTHH"],"exchange":"Nasdaq Copenhagen","article_body":"MT Højgaard Holding’s business MT Højgaard Danmark has entered into an\nagreement to acquire 100% of the shares in the Danish foundation engineering\nspecialist Nordisk Fundering A/S. The purchase price for the shares is DKK 52\nmillion (enterprise value), of which DKK 16 million is an earn-out and thus\ncontingent upon future conditions. The acquisition is subject to approval by\ncompetition authorities and is expected to be completed during Q4 2026.\n\nNordisk Fundering will continue to operate under its own name and leverage its\nniche expertise within MT Højgaard Danmark, led by its current CEO and\nco-owner, Jesper Schack Fønss Bach.\n\nBased in Aarhus, Nordisk Fundering has a staff of eight salaried employees and\napproximately 20 hourly-paid workers, as well as a specialised machinery\nfleet. In 2025, the company generated revenue of DKK 127 million and an\noperating profit (EBIT) of DKK 9 million.\n\n\"Nordisk Fundering provides access to extensive know-how and equipment that\nstrengthens our business as a whole. We are maintaining Nordisk Fundering as a\nfocused unit responsible for anchor drilling and specialist contracts in the\nexternal market where they hold a strong position, while they will also\ncontribute to MT Højgaard Danmark’s own large and complex projects. Nordisk\nFundering has a skilled leader and highly competent foundation specialists who\nwill be integrated and work closely with MT Højgaard Danmark’s own\nfoundation team,” says Christian Dyregaard, area manager for foundations at\nMT Højgaard Danmark.\n\nMT Højgaard Danmark already works closely with Nordisk Fundering on several\nmajor infrastructure projects, where the company serves as a key\nsubcontractor.\n\n\"I look forward to continuing the work of Nordisk Fundering, but within a\nlarger setup. Our employees know their counterparts at MT Højgaard Danmark\nwell from joint projects, and we share the same values. At the same time, we\ncomplement each other very well. Nordisk Fundering is a leader in ground\nanchors, and both parties are strong and complement each other in secant\npiling and sheet piling work. So this is the right buyer and a good time for\nthe divestment,\" says Jesper Schack Fønss Bach.\n\nNordisk Fundering has previously had operations in select locations abroad,\nbut that part of the business is being divested in connection with MT\nHøjgaard Danmark’s acquisition of the company.\n\nThe acquisition has no effect on MT Højgaard Holding’s expectations for\n2026, but it is expected to contribute positively to the Group’s results\nfrom 2027 onwards.\n\nFurther information:\nCEO Rasmus Untidt and CFO Dennis Nørgaard can be contacted on telephone +45\n31 21 68 72.\n\nAttachment\n*     MTHH_Investor news 30Sep26\n(https://ml-eu.globenewswire.com/Resource/Download/998bdbfa-c1eb-418b-ad24-15d6c5ee4851)"},"type":"article","timestamp":"2026-09-30T08:00:00.339830752Z","server_sent_at_ms":1790755200339},"received_at":"2026-09-30T08:00:00.390Z","source_url":null},"analysis":{"id":"144962","press_release_id":"156259","analysis_json":{"industry":{"label":"Construction & Engineering","sector":"Industrials"},"redFlags":["earn-out of DKK 16 million tied to future conditions","completion contingent on competition-authority approval","Nordisk Fundering's foreign operations being divested at close"],"eventType":"m_and_a","narrative":"MT Højgaard Danmark, a unit of MT Højgaard Holding, agreed to acquire 100% of Danish foundation specialist Nordisk Fundering at a DKK 52 million enterprise value, including a DKK 16 million earn-out.\n\nNordisk Fundering generated DKK 127 million revenue and DKK 9 million EBIT in 2025 and will keep operating under its own name led by current CEO Jesper Schack Fønss Bach, though its foreign operations are being divested.\n\nThe deal is subject to competition approval and expected to close in Q4 2026; it does not change 2026 group expectations but should add to results from 2027.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Small bolt-on strengthens MT Højgaard Danmark's foundation-expertise niche; financial impact only from 2027."},"keyFigures":{"dealValueUsd":"DKK 52 million","customDimensions":{"earn_out":"DKK 16 million","enterprise_value":"DKK 52 million","target_ebit_2025":"DKK 9 million","target_revenue_2025":"DKK 127 million"}},"quotedText":"The acquisition has no effect on MT Højgaard Holding’s expectations for 2026, but it is expected to contribute positively to the Group’s results from 2027 onwards.","namedEntities":{"people":[{"name":"Jesper Schack Fønss Bach","role":"CEO and co-owner of Nordisk Fundering"},{"name":"Christian Dyregaard","role":"Area manager for foundations at MT Højgaard Danmark"},{"name":"Rasmus Untidt","role":"CEO of MT Højgaard Holding"},{"name":"Dennis Nørgaard","role":"CFO of MT Højgaard Holding"}],"products":[],"companies":[{"name":"MT Højgaard Holding A/S","ticker":"MTHH","relationship":"acquirer (parent)"},{"name":"MT Højgaard Danmark","relationship":"acquiring subsidiary"},{"name":"Nordisk Fundering A/S","relationship":"target"}],"dollarAmounts":[{"amount":"DKK 52 million","context":"enterprise value / purchase price for shares"},{"amount":"DKK 16 million","context":"earn-out portion of purchase price"},{"amount":"DKK 127 million","context":"Nordisk Fundering 2025 revenue"},{"amount":"DKK 9 million","context":"Nordisk Fundering 2025 operating profit (EBIT)"}]},"materialImpact":{"score":2,"reasoning":"Small bolt-on acquisition (DKK 52M enterprise value, DKK ~127M revenue target) of a niche foundation subcontractor. Explicitly has no effect on 2026 expectations and only modest positive contribution from 2027."},"tickerRelevance":{"others":[],"primary":"MTHH"},"globalImportance":22,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap Danish industrial","eventGravity":"minor bolt-on M&A (~DKK 52M)","issuerAuthored":true,"retailFavoriteBoost":false}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"MT Højgaard Danmark, a unit of MT Højgaard Holding, agreed to acquire 100% of Danish foundation specialist Nordisk Fundering at a DKK 52 million enterprise value, including a DKK 16 million earn-out.\n\nNordisk Fundering generated DKK 127 million revenue and DKK 9 million EBIT in 2025 and will keep operating under its own name led by current CEO Jesper Schack Fønss Bach, though its foreign operations are being divested.\n\nThe deal is subject to competition approval and expected to close in Q4 2026; it does not change 2026 group expectations but should add to results from 2027.","key_figures":{"dealValueUsd":"DKK 52 million","customDimensions":{"earn_out":"DKK 16 million","enterprise_value":"DKK 52 million","target_ebit_2025":"DKK 9 million","target_revenue_2025":"DKK 127 million"}},"named_entities":{"people":[{"name":"Jesper Schack Fønss Bach","role":"CEO and co-owner of Nordisk Fundering"},{"name":"Christian Dyregaard","role":"Area manager for foundations at MT Højgaard Danmark"},{"name":"Rasmus Untidt","role":"CEO of MT Højgaard Holding"},{"name":"Dennis Nørgaard","role":"CFO of MT Højgaard Holding"}],"products":[],"companies":[{"name":"MT Højgaard Holding A/S","ticker":"MTHH","relationship":"acquirer (parent)"},{"name":"MT Højgaard Danmark","relationship":"acquiring subsidiary"},{"name":"Nordisk Fundering A/S","relationship":"target"}],"dollarAmounts":[{"amount":"DKK 52 million","context":"enterprise value / purchase price for shares"},{"amount":"DKK 16 million","context":"earn-out portion of purchase price"},{"amount":"DKK 127 million","context":"Nordisk Fundering 2025 revenue"},{"amount":"DKK 9 million","context":"Nordisk Fundering 2025 operating profit (EBIT)"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T08:00:08.287Z","global_importance":22,"audience_relevance":12,"importance_components":{"tickerTier":"small-cap Danish industrial","eventGravity":"minor bolt-on M&A (~DKK 52M)","issuerAuthored":true,"retailFavoriteBoost":false}},"durationMs":7889,"modelName":"glm-5.3-flashx"}}