Vágar Investors Secure Control of Construction Firm J&K Petersen

Vágar Investors Secure Control of Construction Firm J&K Petersen

One of the oldest and largest construction companies in the Faroe Islands, Tórshavn-headquartered J&K Petersen Contractors, has been acquired by a newly formed parent company, securing Faroese domestic ownership and management continuity. The sales agreement, signed on November 7th, according to news reports…