Logistic Contractor Norge

What Logistic Contractor Norge does

Logistic Contractor (LC), legally Logistic Contractor AB, is a Nordic construction and project development company founded in 2004 and wholly owned by the publicly listed Swedish construction group Wästbygg Gruppen AB (Nasdaq Stockholm). LC specializes in the design, development, and construction of large-scale logistics, industrial, and data center facilities, typically ranging from 10,000 to over 100,000 sqm, with flagship projects reaching 1.7 billion SEK in contract value (e.g., the H2 Green Steel facility in Boden). The company offers five integrated service lines: logistics facilities, industrial buildings, project development (land acquisition through turnkey delivery), construction contracting under total/execution/collaboration models, and datacenter construction.

LC operates across all four Nordic countries with local subsidiaries in Sweden, Norway, Denmark, and Finland and headquarters in Gothenburg, Sweden. The company generates revenue through three primary streams: construction contracts (recognized over time as projects progress), project development (where LC acts as both developer and contractor for the full chain from land acquisition to completed building), and property sales of self-developed logistics facilities to institutional investors such as Genesta, Niam, and SLP. Pricing is project-based and not publicly disclosed, with typical contract values ranging from approximately 100 million to 600 million SEK for standard projects and up to 1.7 billion SEK for flagship industrial contracts, often paired with multi-year lease commitments from anchor tenants such as Ahlsell.

The go-to-market is exclusively direct enterprise B2B sales, leveraging long-standing relationships with large property developers, logistics operators, manufacturers, and real estate investors across the Nordics. With approximately 100 logistics facilities constructed over more than 20 years, LC's customer base spans enterprise logistics companies (DHL, NewCold, Verdion), industrial manufacturers (H2 Green Steel, Ahlsell, Nobia), food retail (Mathem, Ica, NorgesGruppen), and real estate funds (Genesta, Niam). The company holds sustainability credentials including Miljöbyggnad, Breeam, and NollCO2 certifications, and is targeting a climate-neutral value chain by 2045, with 85% of its 2023 order backlog classified as 'green' under Wästbygg Gruppen's framework.

Name

Logistic Contractor Norge

Legal name

Logistic Contractor AB

Website

https://lc.se

Company type

Private

Founded year

2004

Operating status

Operating

Short description

Logistic Contractor Norge is a Nordic construction and project development company specializing in large-scale logistics, industrial, and datacenter facilities across Sweden, Norway, Denmark, and Finland. Wholly owned by Wästbygg Gruppen, it serves enterprise logistics operators, manufacturers, and real estate investors with turnkey project delivery.

Ownership category

akta.pro rank

Headquarters

HQ city

Goeteborg

HQ country

Sweden

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Contracts: General contractor and total contractor agreements for construction of logistics, industrial, and datacenter facilities. Revenue recognized over time as construction progresses. Projects range from 100 million to 1.7 billion SEK.
2. Project Development: Taking responsibility as both developer and contractor - for the entire chain from land acquisition to turnkey building delivery. Developed properties are often sold to investors while LC retains construction contracts.
3. Property Sales: Sale of self-developed logistics properties to investors (forward commitments, forward funding arrangements). Properties sold include Enköping Logistikcenter to Genesta (945 mkr), Ulricehamn to SLP (204 mkr), and properties to Niam.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Logistic Contractor drives the development and construction of sustainable, flexible facilities for logistics, industry, and data centers across the Nordic region. The company offers turnkey project delivery spanning land acquisition, project development, general contracting, and construction of large-scale buildings (typically 10,000+ sqm) under various contract forms including total contracts, execution contracts, and collaboration arrangements.

Product overview

Logistic Contractor operates as a specialized construction and development company offering a comprehensive portfolio of services for logistics, industrial, and data center facilities across the Nordic region. The company provides five integrated service lines: (1) Logistikanläggningar - large-scale logistics facility construction with automation capabilities; (2) Industribyggnader - industrial buildings for manufacturing with specialized equipment integration; (3) Projektutveckling - turnkey development from land acquisition to handover; (4) Entreprenad - construction contracting under various contract models; and (5) Datacenter - purpose-built data center construction. The company is part of Wästbygg Gruppen and has been operating for over 20 years, with local presence throughout Sweden, Norway, Denmark, and Finland.

Differentiator

Problem solved

Functional benefit

Products and services

• Logistics Facilities (Logistikanläggningar)

Quantifiable outcome

• Climate-neutral in value chain by 2045 with interim goal of fossil-free operations by 2030
• +1 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered flagship, core, major and minor.

• Borgeskogen Øst Tomt 19 AS / NorgesGruppenflagshipStrategic or Co-development Partner · 17 June 2026NorgesGruppen subsidiary for whom LC is building a 13,000 sqm food production facility for Matbørsen in Sandefjord, Norway. Order value approximately 360 million SEK.
• AhlsellflagshipStrategic or Co-development Partner · 9 October 2023Long-term partnership for logistics facility development. LC develops and builds distribution centers for Ahlsell including 62,000 sqm in Eidsvoll, Norway and multiple facilities in Sweden. Ahlsell signs 15-year lease agreements with LC.
• Genesta Property Nordic ABcoreStrategic or Co-development Partner · 26 April 2022Property fund manager for whom LC develops and builds logistics facilities. Major projects include 80,000 sqm Enköping Logistikcenter (sold for 945 mkr) and 20,600 sqm in Denmark (220 MDKK).
• VerdionmajorStrategic or Co-development Partner · 12 April 2022Logistics property developer with ongoing collaboration. LC builds facilities for Verdion including Vaggeryd (20,500 sqm) and Gothenburg (17,500 sqm) projects. Both certified to Breeam standards.
• Kaldnes Utvikling ASminorStrategic or Co-development Partner · 10 December 2021Partnership for logistics and industrial land in Holmestrand Næringspark. LC has marketing and construction rights for two 20,000 sqm plots in the 65km southwest of Oslo business park.
• Gardermoen Area LandownersminorOthers · 26 October 2021Partnership for land acquisition near Oslo airport. LC acquired 266,000 sqm in Eidsvoll area near Gardermoen for logistics/industrial development.
• Orio ABmajorStrategic or Co-development Partner · 29 June 2021Joint venture with state-owned Orio AB to develop 400,000 sqm logistics park in Nyköping. LC committed to pay approximately 200 mkr over 5-year period for development rights.
• Nebula Eiendom AS / Oslo Square / ColliersminorStrategic or Co-development Partner · 5 May 2021Joint venture for logistics land development in Sande, 60km southwest of Oslo. Approximately 35 hectares available for industrial/logistics development.
• Wästbygg GruppencoreOthers · 1 January 2004Parent company of Logistic Contractor. Wästbygg Gruppen is a listed (Nasdaq Stockholm) construction and project development company. LC has been part of the group since 2004.

Scale indicators7 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Skanska: Global construction and development company headquartered in Sweden with significant Nordic and European operations. Skanska is much larger and broader than LC but competes in the same Nordic logistics, industrial, and commercial construction space through its Commercial Property Development and Construction units.
• Peab: Major Swedish-based general contractor with extensive Nordic operations across construction, civil engineering, and project development. Peab is a broad incumbent that competes with LC in industrial and commercial building construction throughout Sweden, Norway, and Finland.

Others

• Castellum: One of the largest Nordic commercial property companies with significant logistics and industrial real estate holdings across Sweden, Norway, Denmark, and Finland. Castellum is not a builder but is closely connected to LC as both a potential customer/investor in LC-developed logistics properties and as an adjacent participant in the same Nordic logistics real estate ecosystem.

Direct peers

• YIT: Finland's largest construction company with Nordic and Baltic operations covering housing, business premises, and infrastructure. YIT's business premises segment competes with LC for industrial and commercial construction projects, particularly in Finland where LC is also growing.
• Panattoni: Europe's largest logistics and industrial real estate developer, active across multiple European markets including the Nordics. While Panattoni is primarily a developer rather than a general contractor, it is the most direct pan-European specialist in the same end market (logistics/industrial facilities) and increasingly competes with LC for Nordic projects.
• AF Gruppen: Norwegian-based contracting and property group with operations across Norway, Sweden, and the Baltics. AF Gruppen competes with LC in Norwegian industrial and commercial construction and shares a similar focus on larger, more complex project segments.
• Veidekke: Major Scandinavian construction and civil engineering company based in Norway with operations across the Nordics. Veidekke's industrial building and commercial construction segments directly overlap with LC's logistics and industrial facility offering, particularly in the Norwegian market.
• NCC: One of the largest Nordic construction and property development companies, headquartered in Sweden, with significant industrial and commercial building operations across the Nordic region. NCC competes directly with LC for large logistics, industrial, and commercial construction contracts in Sweden and Norway.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/logistic-contractor

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 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 Logistic Contractor Norge