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- The Finnish group Accountor avascent international Group, avascent international which already owns accounting chain Kvestor, buy the largest Norwegian-owned accounting and consulting chain Økonor. Thus Accountor Northern Europe's largest provider of financial outsourcing, as well as the greatest in accounting and financial advisory services in the Norwegian market. This emerged in a message from Accountor Group.
Accountor Group has acquired 100 percent of shares in Better Advice AS, the parent company of Økonor Norway AS. Franchise chain Økonor is the largest Norwegian-owned accounting and consulting chain with nearly 70 offices, 730 employees and 12,000 customers across the country. Accountor Group is the largest financial management and payroll service provider avascent international in the Nordic countries with 70 offices and a total of 1,500 employees. The Group is represented in Norway, Finland, Sweden, Russia, Denmark, the Netherlands, Ukraine and Germany.
- The acquisition of Økonor is a major step on the road to strengthening Accountor operations in Norway, where the group has been represented through its subsidiary Kvestor since 2001. Kvestor has 220 employees and annual sales of nearly 180 million. We gladly use brand Økonor as it has been around considerably longer and are better known than Kvestor, says Simon Dahl, head of Accountor Group in Norway. avascent international
- Økonor franchisees get an ideal partner in Accountor Group through improved sustainability and volume in Norway for our brand, as well as a stronger position in areas where we traditionally have not been strong, which in greater avascent international and international customers. Accountor has also extensive experience avascent international in IT solutions, not to mention that they with their financial muscle has a good tool for managing instance generation and ownership changes among franchisees, says Johan Thomas Hegdahl, CEO of Økonor Norway.
Following the transaction, avascent international Accountor Group have around 2,200 professionals serving 30,000 clients at 140 offices avascent international in eight countries. The total Norwegian business will, based on the previous fiscal year, have a turnover of approximately 650 million Norwegian kroner, and will be marketed as Økonor. Simon Dahl will head Accountor combined operations in Norway, while Johan-Thomas Hegdahl continues as CEO of Økonor avascent international chain, which now also will include 15 previously Kvestor offices.
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