Christie & Opsahl AS

What Christie & Opsahl AS does

Christie & Opsahl AS is a privately held Norwegian construction and civil engineering contractor headquartered in Molde, Møre og Romsdal, with a 90-year operating history on Nordvestlandet. The company organizes its work around four integrated business areas: Nybygg (new construction of apartments, schools, commercial buildings, swimming pools, and public facilities), Anlegg (infrastructure such as ferry quays, bridges, and the iconic Trollstigen platået and Romsdalsgondolen tourist installations), Rehabilitering/Ombygging/Tilbygg (ROT, including heritage building conversions such as the 100+ year-old Devoldfabrikken), and Energi (hydroelectric dams, power stations, substations, and power lines in difficult-access terrain for clients such as Statkraft). Christie & Opsahl also owns Christie Utvikling AS, a wholly-owned property development subsidiary under parent COB Holding that acquires and develops real estate from concept to completion.

Revenue is generated through project-based construction contracts, primarily on a totalentreprise (turnkey) basis, awarded through competitive bidding and direct relationships with private, commercial, and public sector clients across Møre og Romsdal and Nord-Norge. Pricing is per-project and not publicly disclosed; contracts are typically multi-year. The go-to-market is sales-led and relationship-driven, supported by a regional direct-sales motion, a company website, and a Facebook presence. The company is ISO 14001 certified for environmental management and is privately owned with no public listing. In December 2025, Christie & Opsahl announced a merger with Peab K. Nordang that would create a combined entity of 350+ employees and approximately 1.9 billion NOK in revenue, making it the largest contractor in the Nordvestlandet region.

Name

Christie & Opsahl AS

Legal name

Christie & Opsahl AS

Website

https://christie.no

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

51–100 employees

Short description

Christie & Opsahl AS is a privately held Norwegian construction and civil engineering contractor in Molde, specializing in new builds, infrastructure, heritage rehabilitation, and hydroelectric energy projects for public and private clients across Møre og Romsdal and Nord-Norge.

Ownership category

akta.pro rank

Headquarters

HQ city

Molde, Møre og Romsdal

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Construction Contracts: Revenue from construction projects including new construction, infrastructure, energy projects, and rehabilitation. Main business areas: Nybygg (new construction), Anlegg (infrastructure), Energi (energy), ROT (rehabilitation/conversion/extensions). Operates on project-based contracts with totalentreprise (turnkey) approach.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

No source content was provided to describe the core offerings of Christie & Opsahl AS.

Product overview

Christie & Opsahl AS is a unified construction contractor offering a comprehensive portfolio of services through five integrated business areas: Nybygg (new construction), Anlegg (infrastructure), Rehabilitering/Ombygging/Tilbygg (rehabilitation/rebuilding/extensions), and Energi (energy sector construction). The company operates primarily in Møre og Romsdal and North Norway, serving private, commercial, and public sector clients. A subsidiary, Christie Utvikling AS, handles property development from concept to completion. The company emphasizes total contracts and specialized projects, with notable expertise in complex construction in challenging locations including hydroelectric infrastructure and mountain tourist attractions.

Differentiator

Problem solved

Functional benefit

Brands

• Christie Utvikling: Property development subsidiary focused on acquiring and developing real estate for sale and rental, developing projects from idea to completed building, either independently or in partnership with others.

Named customers5 records

Segments3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Peab K. NordangcoreStrategic or Co-development Partner · 1 December 2025Christie & Opsahl and Peab K. Nordang have entered into an agreement to merge their businesses. The two companies currently have over 350 employees and combined revenue of approximately 1.9 billion NOK, becoming the region's largest contractor upon completion.
• Christie Utvikling AScoreStrategic or Co-development PartnerChristie Utvikling AS was established in 2016 and is 100% owned by COB Holding, which also owns Christie & Opsahl AS. The company acquires and develops real estate for sale and rental, developing projects from idea to finished building, alone or in collaboration with others.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Veidekke ASA: One of Norway's largest construction and civil engineering contractors with nationwide operations across building, infrastructure, and property development. Competes with Christie & Opsahl on large Norwegian public tenders and shares exposure to totalentreprise contracts and residential development.
• Skanska Norway: Norwegian arm of global construction major Skanska, active across building construction, civil infrastructure, and sustainable development. Competes for major Norwegian public infrastructure contracts in similar end-markets to Christie & Opsahl, particularly on hospital and transit projects.
• Consto AS: Norwegian construction group with operations across building, infrastructure, and concrete elements. Operates nationwide with comparable capabilities in commercial and public building construction, making it a broader peer in the Norwegian general contracting space.
• AF Gruppen ASA: Norwegian listed contractor with operations in building, civil engineering, environment, and offshore. Competes with Christie & Opsahl in Norwegian construction markets and shares exposure to public infrastructure and large totalentreprise projects.
• NCC Norway: Norwegian subsidiary of NCC Group, active in building and infrastructure projects across Norway. Competes with Christie & Opsahl on commercial buildings, schools, and infrastructure tenders, with similar capabilities in sustainable construction.

Others

• Sweco Norge AS: Engineering and design consultancy that provides technical services to Christie & Opsahl on projects such as the Statkraft Aura intake dam. While not a competing contractor, Sweco is an adjacent peer because it sits in the same Norwegian construction and infrastructure ecosystem and serves the same public and energy clients.
• Multiconsult ASA: Norwegian engineering consultancy active in building, infrastructure, and energy projects. Comparable as an adjacent peer because it serves many of the same Norwegian public-sector and energy clients as Christie & Opsahl and operates in Northwest Norway on similar infrastructure work.

Regional players

• Boa Offshore AS: Norwegian contractor focused on building, infrastructure, and energy projects across Western and Northern Norway. A regional peer with comparable capabilities in hydropower, infrastructure, and public-sector construction in the same geographies as Christie & Opsahl.
• Kruse Smith Entreprenør AS: Mid-sized Norwegian contractor headquartered in Kristiansand with regional operations across Western Norway. Comparable in scale and service mix to Christie & Opsahl, competing for similar public-sector building and infrastructure tenders outside Christie's core Nordvestlandet geography.

Direct peers

• Peab K. Nordang: Norwegian regional construction contractor that has signed a merger agreement with Christie & Opsahl. Operates in overlapping Northwest Norway geographies with comparable general contracting, infrastructure, and energy construction services, making it the closest direct peer and now the same merged entity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/christieopsahl
• LinkedInlinkedin.com/company/christie-opsahl-as

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Christie & Opsahl AS