Gunnar Holth Grusforretning

Name

Gunnar Holth Grusforretning

Legal name

Gunnar Holth Grusforretning AS

Website

https://gholth.no

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Construction Aggregates

NAICS

Other Crushed and Broken Stone Mining and Quarrying (212319), Construction Sand and Gravel Mining (212321), Stone Mining and Quarrying (21231), Nonmetallic Mineral Mining and Quarrying (2123)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Construction, Mining & Materials Handling Machinery & Equip (3530), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Aggregate Processing & Value-Added Products (Washing, Screening, Asphalt/Concrete Aggregates) (IMAKAHAH)

akta.pro secondary industries

Sand & Gravel Extraction & Processing (IMAKAHAB), Construction Aggregates Mining & Processing (Sand, Gravel, Crushed Stone) (IMADAAAI), Crushing Equipment (Secondary/Tertiary Crushers) (IMAHAMAE)

Keywords

• Construction aggregates supply
• Crushed stone production
• Mobile crushing services
• Aggregate quality testing
• Construction materials logistics

Headquarters

HQ city

Kongsvinger

HQ country

Norway

HQ region

Europe

Offices16 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Aggregates and Construction Materials Sales: Sale of crushed stone, natural gravel, sand, base layers, reinforcement layers, topsoil, and subbus in various fractions. Unit pricing per tonne with transport costs additional.
2. Mobile Crushing Services: On-site mobile crushing services with experienced operators and modern equipment for projects throughout Norway.
3. Laboratory Testing Services: Certified laboratory services for aggregate testing including external customers like producers and contractors.
4. Logistics Services: Logistics center handling goods for Benders, including receiving pallets and loading return sand to Stockholm via rail.
5. Transport Services: GHG Transport (Ivar Holth Transport AS) provides mass and machine transport, including crane trucks with grabs and conveyor belt vehicles.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Gunnar Holth Grusforretning AS produces and supplies construction aggregates — crushed stone (pukk), natural gravel, sand, base layers, reinforcement layers, blasting rock, decorative stone, topsoil, and subbus — extracted from 15 sites across Norway. The company complements material supply with mobile on-site crushing using 25 mobile units, certified H1 laboratory testing, rail-connected logistics at Gropa, and an in-house transport fleet.

Product overview

Gunnar Holth Grusforretning AS is Norway's leading aggregates company, operating as a family-owned business since 1965. The product portfolio centers on construction aggregates including Pukk (crushed stone) in various fractions for concrete/asphalt production and road construction, Naturgrus (natural gravel) and Sand for multiple applications, Bærelag and Forsterkningslag (base and reinforcement layers) for road construction, Sprengstein (blasting rock) for earthworks, Kulestein (decorative stone) for landscaping, Matjord (topsoil), and Subbus for surface layers. Services include Mobilknusing (mobile crushing) with 25 mobile units operating nationwide, a certified Laboratory (Class H1) for materials testing, Gropa Logistikksenter for intermodal logistics, GHG Transport for freight services, and Prøveuttak (sample collection). The company operates 15 extraction sites from Kongsvinger to Sortland, plus GHG Nord AS acquired in 2024. Subsidiaries include Hamar Pukk og Grus (50%), BA Gjenvinning AS (100%), and VIMAS (25% indirect).

Differentiator

Problem solved

Functional benefit

Products and services

• Pukk (Crushed Stone) Crushed stone (pukk) produced from rock or natural deposits in fractions ranging from 2/6mm to 22/63mm, used in concrete and asphalt production, drainage, and road construction.
• Naturgrus (Natural Gravel)

Quantifiable outcome

• Turnover exceeded 750 million NOK in 2018 with 4 simultaneous major road projects
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Benders AB / Benders AScoreStrategic or Co-development Partner · 3 May 2010GHG operates Gropa Logistikksenter for Benders, receiving approximately 800-1000 pallets of goods 2-3 times weekly from Sweden for the Norwegian market. Sand is loaded onto trains returning to Benders' Stockholm factory. Terminal opened May 3, 2010.
• Hæhre EntreprenørcoreStrategic or Co-development PartnerLong-term collaboration since 1978 when Albert Kr. Hæhre first visited their facilities. Partnership strengthened through co-establishment of Viken Miljøpark AS in 2020 alongside Skanska.
• SkanskacoreStrategic or Co-development PartnerIn 2020, GHG purchased 4 crushing plants from Skanska Industri and co-established Viken Miljøpark AS (25% indirect ownership) with Skanska and Hæhre.
• AF GruppenminorStrategic or Co-development PartnerPartnership in Esval Miljøpark with AF Gruppen and Esval Miljøpark for establishing the first environmental park for recycling contaminated mass on Østlandet.
• Hamar Pukk og Grus AS (HPG)coreOthers50% owned subsidiary. Lab operations started in 2012 with HPG's facility at Sørli, Stange.
• BA Gjenvinning AScoreOthers100% owned subsidiary focused on recycling and reuse of heavy mineral-based demolition waste like concrete and asphalt.
• MassegjenbrukssenteretminorOthersTreatment plant for construction and demolition waste, receives soil, asphalt and concrete products, and mobile crushing.
• GHG Nord AScoreOthers100% owned subsidiary established in 2024 through purchase of Feiring's department in Tromsø/Vannøya.
• Hellestad SandtakminorOthers67% owned subsidiary.
• VIMAS (Viken Miljøpark)minorOthers25% indirect ownership through strategic partnership with Skanska and Hæhre. Focuses on green solutions for logistics and recycling of surplus masses.
• Ivar Holth Transport AScoreOthersGHG Transport company providing mass and machine transport services, primarily for Gunnar Holth Grusforretning AS but also for other operators.

Scale indicators7 records

Recent moves13 records

Expansion highlights6 records

Direct peers

• Velde Pukk AS: Norwegian aggregates producer operating quarries on the West Coast (Rogaland region). Competes in crushed stone, sand, and gravel production for construction and infrastructure, with overlapping mobile crushing capabilities.
• Brødrene Sunde AS: Family-owned Norwegian aggregates and transport company. Directly comparable as a multi-generational family business operating quarries, mobile crushing, and material transport services in Western Norway.
• Feiring AS: One of Norway's largest aggregates and paving contractors. Directly comparable as both companies quarry crushed stone and natural gravel for construction, asphalt, and concrete markets. GHG acquired Feiring's Tromsø division in 2024, evidencing direct competitive overlap and market complementarity.
• Norsk Stein AS: Norwegian stone and aggregates producer operating quarries in Jelsa and other locations. Directly competes in the Norwegian crushed stone market, supplying similar products (pukk, grus, sand) to contractors, asphalt producers, and public infrastructure projects.
• Hæhre Entreprenør AS: Major Norwegian infrastructure contractor and longtime GHG partner since 1978. While primarily a contractor, Hæhre operates internal aggregates capabilities and is a co-owner of Viken Miljøpark with GHG, representing both customer and partial competitor relationship.

Broad incumbents

• Franzefoss Minerals AS: Major Norwegian industrial minerals and aggregates company producing crushed stone, sand, and lime products. Larger, publicly-traced parent (Franzefoss Group) with broader industrial minerals portfolio, directly competing in Norwegian aggregates.
• NCC Industry AS: Subsidiary of NCC Group, one of the largest construction and infrastructure groups in the Nordics. Operates aggregates quarries, asphalt plants, and paving services across Norway. Larger scale and broader portfolio than GHG, but directly competes in the same aggregates markets.
• Skanska Industri AS: Norwegian arm of global construction group Skanska. Previously operated quarries that were acquired by GHG in 2020. A customer of GHG for equipment and joint venture partner in Viken Miljøpark, with overlapping aggregates and infrastructure interests.

Emerging players

• Hellestad Sandtak AS: 67%-owned subsidiary of GHG operating sand and gravel quarry. Demonstrates GHG's roll-up strategy; comparable as a regional sand quarry operator. Listed via parent rather than independent website.

Others

• AF Gruppen ASA: Norwegian construction and civil engineering group. Major customer of GHG with partnership in Esval Miljøpark. Larger and publicly listed, with broader construction services but overlapping project-level aggregates demand.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gholthgrus
• LinkedInlinkedin.com/company/gunnar-holth-grusforretning-as

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gunnar Holth Grusforretning