Clearwater International advises LB Consult on its sale to Norconsult

Clearwater International has advised the Danish engineering consultancy, LB Consult, on its sale to the Nordic multidisciplinary consultancy, Norconsult.

LB Consult was established in 1992 and with almost 50 employees across its Danish offices in Aarhus, Kolding and Grenå, it provides construction and technical advice, to both the private and public sectors.

Norconsult is one of the leading multidisciplinary consultancy firms in the Nordic region. With around 5,500 employees in its 130 offices, the company advises private and public clients within building and real estate, architecture, transportation, and sustainable energy. The acquisition of LB Consult is Norconsult’s sixth since 2017, and since then, the company’s employees in Denmark have increased from 60 to 500.

This transaction enables Norconsult to strengthen its competencies within building enterprise consultancy, as well as its proximity to clients in East and South Jutland. With this partnership, LB Consult reinforces its already strong advising competencies, gaining more professional synergies.