Going green is 2022 home decor trend around Tampa Bay

Eco-friendly is in, gray could be heading out. Adore individuals thoroughly clean mid-century traces, but how about one thing definitely cozy. And wouldn’t a lavish residence theater be awesome?

With a lot of of us shelling out a whole lot much more time at dwelling through the pandemic, preferences in furnishing and decor have transformed. 1 case in point: a change again to warm tones and the calming shades of mother nature. Whilst it appeared that just about every dwelling on the market place for a time experienced the exact grey partitions and flooring, four of the main paint brands — Benjamin Moore, Sherwin-Williams, PPG and Behr — all chose shades of inexperienced as their hues of the year for 2022. (The Pantone Color Institute, which picked gray and yellow past yr, went with periwinkle blue for the new year. )

We talked to three bay spot designers about coloration and what else is in keep for 2022 (although source chain problems necessarily mean that what is really in the suppliers may possibly however be limited.)

Suzan Decker Ross, Decker Ross Interiors, Clearwater

Ross has had her personal design business for 30 yrs but the roots go back again substantially even more. “Both my dad and mom were in the home furnishings business,” she explained, “and nevertheless I really did not know it at the time it was in my blood.” She researched fashion first, then structure and understood that the two go hand in hand. “I experienced an aha moment — I adore design and style!” mentioned Ross, who has customers during Florida as nicely as in other states.

Suzan Decker Ross owns Decker Ross Interiors.
Suzan Decker Ross owns Decker Ross Interiors. [ Suzan Decker Ross ]

Pandemic-induced delays necessarily mean it may well take 20 or 30 months to get a custom couch alternatively of two or a few as prior to. “You just can’t set a home with each other, which hurts us,” Ross claimed, “so we see a lot of repurposing and renewing. Probably they recuperate a thing or if it is metal, paint it a distinctive coloration. We’re seeing classic coming back genuinely big” because of the availability.

With many folks continuing to operate at home, Ross finds a drive to convey the outdoors in. “Living walls” and kitchen herb gardens are large, as are flowering crops. And inexperienced will be in all places. At the yearly furniture sector in High Stage, N.C., final summer time, “There was all the things from olive inexperienced to evergreen,” Ross claimed. “It’s truly wild the greens that ended up there.”

In a digital world with less paper, home offices like this one designed by Decker Ross Interiors in Belleair are more streamlined looking. Plants bring the outdoors in.
In a digital world with less paper, property offices like this just one designed by Decker Ross Interiors in Belleair are far more streamlined on the lookout. Plants carry the outside in. [ Bos Images ]

In bedrooms, significant comforters are staying changed by lighter-pounds quilts and coverlets. And any one who has at any time uncovered by themselves in a hotel or guest bed room asking yourself where to place all the added pillows, decorative and otherwise, may be heartened by this design change: “We’re not making use of as a lot of pillows,” Ross reported. “We may well do a few or 4 in its place of 6. Significantly less is improved on pillows.”

Console tables like this in a room designed by Decker Ross Interiors are often more organic looking in style than they used to be, reflecting the close-to-nature move induced by the pandemic.
Console tables like this in a place designed by Decker Ross Interiors are generally extra organic and natural seeking in type than they applied to be, reflecting the shut-to-character transfer induced by the pandemic. [ Bos Images ]

Other developments:

“LED lighting is substantial. Now it will come in each various hue and they are good because they last for a long time and the charges have come way down. At any time we redo a residence we normally alter all the lights to LED just about instantly. When undertaking design and style lighting can make a enormous big difference.”

“Mild woods like oak are coming again. For a lot of years, men and women were being so into darker floors, the cherries, the mahoganies. Now we’re observing a good deal far more of the mild large-plank flooring. Also, luxury vinyl plank flooring has genuinely occur a extensive way. Again in the working day you could listen to the clink, clink on the flooring when you walked, now you just cannot even tell.”

“Textures are significant, also. Your wallpaper and grass fabric, embossed papers are truly large suitable now. We’re seeing a surge in wallpaper coming again, it’s possible in a electricity bathtub or accent wall or kitchen.”

Wallpaper is making a comeback, especially textured wallpaper like this behind the TV in a room designed by Decker Ross Interiors. Note, too, the lighter colored floors.
Wallpaper is producing a comeback, particularly textured wallpaper like this behind the Tv set in a room developed by Decker Ross Interiors. Take note, far too, the lighter colored flooring. [ Box Images ]

Enrique Crespo, Crespo Style and design Team, Tampa

Even in large college, Crespo understood what he desired to do in daily life. “I traveled a ton about Europe with my mother and was captivated to style and artwork and going to museums,” said the Tampa native. He attended the Savannah Faculty of Art and Layout, served a 6-thirty day period internship with a designer and 22 a long time back opened his possess firm. Now he “works all around the location,” which include Beverly Hills, Calif., Montana and the Florida Keys.

Enrique Crespo is founder of Crespo Design Group in Tampa.
Enrique Crespo is founder of Crespo Style Group in Tampa. [ Enrique Crespo ]

Thanks to the pandemic, “people have been property a definitely very long time and they’ve made the decision to make their house just the way they want it,” Crespo mentioned. “They are seeking to make things less difficult, not as fussy so there are a good deal of cleaner, neutral colours.” He considers mid-century “timeless,” but reported that consumers and furniture makers are on the very same webpage these days when it arrives to convenience. Whereas “very sculptural pieces” used to be in vogue, “manufacturers are moving away from that and making these extremely beautiful pieces that are welcoming as properly to lay in and read through a e-book,” Crespo reported.

A light, airy look and comfortable furniture characterize this room designed by Enrique Crespo in a home in South Tampa's Culbreath Isles.
A mild, ethereal glance and comfortable furnishings characterize this area built by Enrique Crespo in a dwelling in South Tampa’s Culbreath Isles. [ Enrique Crespo ]
The color of the armchairs in this South Tampa room designed by Enrique Crespo is just one of the many shades of green currently in vogue.
The coloration of the armchairs in this South Tampa home made by Enrique Crespo is just 1 of the quite a few shades of eco-friendly now in vogue. [ Enrique Crespo ]
Soft colors mark this South Tampa room designed by Enrique Crespo.
Delicate shades mark this South Tampa home developed by Enrique Crespo. [ Enrique Crespo ]

In a continuing trend, significant-finish house construction is forsaking official eating rooms for good rooms. Among Crespo’s present-day tasks is one particular for a North Florida few that acquired a condo in Tampa for when they arrive to see the Lightning and Bucs enjoy. “They wanted a good place with various seating areas. You may possibly have just a single massive space that is a dining room, recreation place, whichever.”

Other tendencies:

“I definitely see a move to indoor-outdoor living. Now that individuals are at home they actually want to have this kind of seamless expertise from that inside of to the outside of the home. When I see colours like that (the environmentally friendly shades of the calendar year) it genuinely ties into nature.”

“There’s normally a demand for dwelling theaters. Simply because of the pandemic persons really do not want to sit in a motion picture theater for two or 3 hrs. I try out to keep people away from the classic theater chair. I genuinely adore large big chaise lounges that are so considerably additional comfortable than a theater chair. We try to do acoustical covering to aid with the sound. Wall coverings (for house theaters) have come a lengthy way. A single company I love, Elitis, a French enterprise, does this excellent foam paper that arrives in a wide range of designs. The acoustic good quality is fantastic.”

“Property gyms have develop into more and far more popular so men and women do not have to go out and expose by themselves to a good deal of other men and women. We’re observing extra and more saunas in houses, more and more full-on gyms.”

Leah Chorniak, Spaces by Leah, Tampa

When accomplishing custom made artwork for purchasers, Chorniak often uncovered herself mentally critiquing their style and design sense — or lack of it — as she hung paintings. “I would provide my artwork into a client’s household and imagine, ‘If they would just move that vase about there,’” she recalled. Her aptitude for decorating led to working with close friends and then to beginning her very own organization 7 a long time ago.

Leah Chorniak started Spaces by Leah.
Leah Chorniak started out Spaces by Leah. [ Joseph Tosi ]

Chorniak figures many Tampa Bay Buccaneers among her clientele. To accommodate their dimensions, she from time to time patterns furniture that is much larger than what most stores offer and that has “more of a pitch,” as she puts it, earning it much easier to lean again into and sink down. “Comfort” is today’s buzzword.

“Now that persons are performing from home they actually want to really feel cozy and snug,” Chorniak stated. “I certainly hope mid-century is producing a little bit of an exit. It has distinctive traces and is fascinating to glance at, but it’s not the each day cozy go-to chair or couch with a guide and a cup of espresso. There is a need for sofa and chairs that have a deep pitch.”

Chorniak also finds that many of her clientele “are feeling grayed out.”

“Things are leaning absent from grey and towards your muted greens, beige tones, oatmeal tones in soft materials like velvet,” she stated. “Even kids’ rooms appear to be a tiny much more neutral. Absent are the days when you had those people retro colors that are stimulating for kids but keep them a small far more active.”

Leah Chorniak of Spaces by Leah designed this Tampa Palms living room with the neutral tones and the type of comfortable furniture clients are seeking.
Leah Chorniak of Spaces by Leah designed this Tampa Palms residing room with the neutral tones and the type of snug household furniture purchasers are in search of. [ Joseph Tosi ]

Other observations:

“Home workplaces made use of to have major bulky home furnishings and now that we have long gone to a digital entire world, men and women have significantly less paper laying all over and they are additional intrigued in comfortable ergonomic seating. A terrific spot rug, fashionable draperies — matters like that will soak up audio since kids might be in the subsequent space and also give a attractive aesthetic.”

“A huge point is metal colour — gold, silver, copper. Builders usually give you brushed nicked (on fixtures) but when you look at a style and design magazine you’re not going to see brushed nickel, you will see satin brass, beautiful matte gold or polished nickel. Individuals are points that are a very little extra expressive for your persona.”

“The learn bedroom was usually that space in which you shut the doorway and experienced a doggy bed on the aspect. Now that persons are living much more several hours inside the household, they are definitely possessing it as a sanctuary. With the master, we have been accomplishing a lot of ivories and off white since it’s calming and will make it come to feel like the place is even bigger than it is. Maybe have a espresso maker or a wine fridge — I obtain dad and mom are absolutely loving that it is practical to have a glass of wine at night in their have small sanctuary.”

Leah Chorniak of Spaces by Leah designed this Tampa master bedroom in the soft tones that help make it a sanctuary from stressful days.
Leah Chorniak of Spaces by Leah made this Tampa grasp bed room in the comfortable tones that enable make it a sanctuary from demanding days. [ Joseph Tosi ]

Mini forest and ‘green tower’ plans among first to meet London’s new green guidelines | London

The first proposals for a spate of developments designed to meet new green measures in London include a biodiverse training complex at the All England Lawn Tennis Club in Wimbledon, a green-walled skyscraper in the City of London and a densely planted mini forest in Chelsea.

Skyscrapers, historic estates and suburban parks across the capital are counting up scores for greenery under new planning metrics set out in Mayor Sadiq Khan’s London Plan, which are intended to enhance developments’ contribution to the environment.

The Urban Greening Factor (UGF) formula, inspired by the Swedish city of Malmö’s “green points” system, scores each part of a development’s plan – including street-level areas, balconies and roofs – from 0 to 1, with trees, planters and green roofs earning high scores, while paving slabs and barren rooftops receive no score. Central government has also set out plans in the Environment Act 2021 to make developments deliver an uplift to biodiversity, which will require a 10{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} “biodiversity net gain”.

Q&A

Green space factor – how does it work?

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The green space factor (GSF) – sometimes called an urban greening factor or green area factor – is a way of calculating green space requirements for new developments.

GSF measures typically give each square metre of tarmacked car park a score of zero and every square metre left as open meadow a value of one. Other spaces can earn higher or lower scores. In Malmö, a pond or stormwater system filled with water for more than half the year also scores one, a permeable gravel area with some plants has a value of 0.4, and paved areas designed to channel stormwater into sustainable drainage systems score 0.2.

These numbers are added up and divided by the total area of the development to give a score. Cities may demand that each development reaches a minimum target, typically 0.3.

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“The Urban Greening Factor is a complete step-change in how much green stuff we’re putting on buildings,” said Craig Robertson, head of sustainability at AHMM architects. Even city centre sites will be tasked with achieving a UGF score of 0.4, equivalent to turning 40{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} of their footprints over to nature. Biodiversity net gain will mark another big shift, Robertson added, pushing developers to consider vegetation and ecological benefits to their surroundings. “It’s really difficult – in a positive way. It’s a really positive challenge to have.”

A ‘green wall’ planted on the side of London’s Edgware Road Bakerloo Line Underground station.
A ‘green wall’ planted on the side of London’s Edgware Road Bakerloo Line Underground station.
Photograph: Simon Turner/Alamy

Biodiversity net gain, which will be required in planning law from 2023, uses a complex algorithm to account for nature losses and gains – although critics have called for urgent revisions to the current formula.

Although some London boroughs are yet to formally adopt UGF measures, the Greater London Authority (GLA) began requiring it in March, meaning all large developments across the capital must now calculate their score. Draft guidance to help boroughs and developers deliver UGF effectively has been put out for public consultation and will formally be adopted next year.

Residential developments are typically set a target of 0.4 and commercial developments 0.3, giving landscape architects and designers “authority and opportunity” to reach these scores in creative ways, said Peter Massini, an ecologist who helped write the UGF policy at the GLA.

London was already spattered with green roofs, with 700 in central London alone, but the UGF makes them all but essential in dense urban plots with little street-level space. Green walls offer another way of lifting UGF on crowded sites, but Robertson said many designers are doubtful of their benefits amid a rash of high-profile die-offs. The “cascading” green terraces of The Ray, his practice’s redevelopment of the Guardian’s former headquarters in Farringdon, are one indicator of where the city could be heading under UGF, said Robertson, alongside biosolar roofs, which combine plants growing around photovoltaic panels. The City of London approved a 33-storey “green tower” at 70 Gracechurch Street in February, which exceeded a UGF target of 0.3 with a collection of living roofs, planted terraces and a green wall.

Cadogan, the main landlord in Chelsea and Knightsbridge, is targeting a 25{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} increase in its UGF across its 36-hectare (90-acre) Chelsea estate, including designing a densely planted Miyawaki forest. The UGF incentivises developers to not settle for bland green space, said City Hall. Wild grassland or dense tree planting score more than double typical lawns, meaning lawns can be upgraded to help reach targets in historic areas where buildings are protected.

Plans for an extension to the All England Tennis Club will create habitats for hedgehogs and Daubenton’s bats, according to the club.
Plans for an extension to the All England Tennis Club will create habitats for hedgehogs and Daubenton’s bats, according to the club. Photograph: David Gray/Reuters

Plans for an extension to the home of the Wimbledon Championships has reached the near-perfect UGF of 0.97, almost totally green space. The All England Lawn Tennis Club (AELTC) bought a former private golf club in 2018 neighbouring the tournament’s courts, on site that been a parkland estate designed by Capability Brown. By 2030, it will provide 39 tennis courts, designed to sit within a “mosaic of habitats”, with much open to the public, said Andrew Wayro, senior landscape design manager at AELTC. While its UGF was already far above the 0.4 requirement at the outset of the project, it aims to push it higher while achieving a 10{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} biodiversity increase by switching rolling fairways for “priority habitats for the area, like reedbeds and acid grassland” and specialist habitats for hedgehogs and Daubenton’s bats, said Wayro. But the Wimbledon plan has met with objections by some residents, who argue that the development will “cause substantial harm” to the park.

Vanessa Ross, founder of Arc Landscape Design and Planning, said it remains up to developers, designers and ecologists whether the new metrics will truly make a difference to lives and ecosystems in London, or simply push architects into “designing by numbers”. For example, private gardens can score highly for green space but offer little benefit to people unless accessible, Ross added.

Find more age of extinction coverage here, and follow biodiversity reporters Phoebe Weston and Patrick Greenfield on Twitter for all the latest news and features

sanjay puri architects shapes university in india as a staggered landscape of green terraces

new university in india presents distinctive volumetry

 

within a 32-acre campus, sanjay puri architects has completed the design for the main administration offices of the prestige university in indore, india.  the newly unveiled building takes shape as a staggered arrangement of green terraces, gradually stepping up to reveal the 20-meter height of the structure. the distinctive volume houses a variety of functions including seminar halls, a library, and a cafeteria, while the entire terrace of the fourth level is accessible to the students and faculty, transferring into an open auditorium amidst the landscape.

sanjay puri architects shapes university in india as a staggered landscape of green terraces

all images courtesy of sanjay puri architects

 

 

naturally lit and sufficiently ventilated 

 

the prestige university administration building interweaves multiple functional spaces, with naturally lit landscaped courtyards allowing indirect light to infuse the internal volumes at each level. sanjay pure architects (find more here) drew inspiration from traditional indian architecture to create an energy-efficient sustainable building with minimal dependence on artificial lighting and air conditioning. varied sectional volumes punctuated by greenery create different experiences in each part of the building. meanwhile, a continuous diagonal indoor street, in addition to the numerous open courts, facilitates natural ventilation within the internal spaces.

 

the east, west, and southern sides of the structure are enveloped with a ventilated brick screen to mitigate heat gain in response to the climate. the prestige university is contextual to the climate of its location, creating an energy-efficient building that in addition to housing numerous activities, also becomes a large open public space with an accessible ground floor and landscaped roof. the building is a series of interactive spaces of different scales fostering engagement at various levels amongst the users as well as integrating functional and open landscaped areas intrinsically.

sanjay puri architects shapes university in india as a staggered landscape of green terraces

 

the common facilities like food court, an auditorium and the administrative offices are located on the ground floor for easy access. the various library components are located on the first floor connected by a bridge over the diagonal indoor street cutting across the building. the common classrooms occupy the second floor deriving light and ventilation from the various sectional volumes and open courts. these open courts act as the spill over area for recreational activities. the third floor houses the tiered classrooms. the fourth floor houses all the administrative and faculty related facilities.

sanjay puri architects shapes university in india as a staggered landscape of green terraces

sanjay puri architects shapes university in india as a staggered landscape of green terraces sanjay puri architects shapes university in india as a staggered landscape of green terraces

GREEN MACHINE | Landscape Architecture Magazine

GREEN MACHINE

A native plant nursery roves the streets of Northern California.

 

On a sunny September morning, a black box truck rolled into a suburban California neighborhood playing a catchy jingle of insect sounds. The truck stopped and, within minutes, transformed into a verdant plant nursery: The rear door rolled up and its sides folded out, revealing a pop-up shop bursting with native ferns and forbs, saplings and starts. With the addition of decomposed granite, yellow loungers, and recycled crates, a curbside neighborhood hub emerged. Over the course of the day, the quiet residential street came alive with dog walkers, bicyclists, and neighbors interested in buying plants and learning about native vegetation.

The idea for the nursery came about in 2019 as a low-cost and flexible alternative to traditional retail spaces. Miridae, a landscape architecture and construction firm based in Sacramento, California, purchased a graffiti-covered produce truck and slowly started converting it into a plant shop on wheels. Then came COVID-19. “We saw this immense and urgent need for community and super-localized shopping, so we fast-tracked the project,” says Billy Krimmel, Miridae’s founder. In six weeks, the team transformed the truck into a fold-out nursery equipped with misters, irrigation, solar panels, and rows of shelves for showcasing an inventory of native plants sourced from local wholesale growers.

Krimmel says that since launching in the spring of 2020, the Miridae Mobile Nursery has held some 70 events in the region, selling more than 2,600 plants (their best seller list includes Salvia apiana, Bouteloua gracilis, and Elymus condensatus). Miridae employs professional ecologists and landscape architecture students at the University of California, Davis, to staff the truck and provide customers with localized gardening advice. “Our goal is to promote habitat restoration at the neighborhood scale by bringing people together through plants and gardening,” says Kate Hayes, ASLA, Miridae’s design principal. “The mobile nursery provides communities with opportunities to introduce native systems into urban areas where there typically isn’t a lot of biodiversity.”

According to Krimmel, the mobile nursery is all about accessibility to build support for native habitat in neighborhoods and to create community through that. Profits from the nursery help fund the work of Miridae Living Labs, the firm’s nonprofit arm focused on native plant and arthropod research. “Ultimately, we aim to design experiments into all of our projects,” Hayes says, “and to take the data from these experiments and bring it back into our design and build work so that we are continuously learning and adjusting our design process with the findings.”

The Miridae Mobile Nursery and parklet in Davis, California, grew out of a project for a flexible, low-cost plant shop. Photo by Emily Schlickman.

Emily Schlickman is an assistant professor of landscape architecture and sustainable environmental design at the University of California, Davis.

 

One Analyst’s Earnings Estimates For Green Landscaping Group AB (publ) (STO:GREEN) Are Surging Higher

Shareholders in Green Landscaping Group AB (publ) (STO:GREEN) may be thrilled to learn that the covering analyst has just delivered a major upgrade to their near-term forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analyst modelling a real improvement in business performance.

Following the upgrade, the latest consensus from Green Landscaping Group’s solo analyst is for revenues of kr3.8b in 2022, which would reflect a substantial 34{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} improvement in sales compared to the last 12 months. Per-share earnings are expected to shoot up 96{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} to kr2.95. Previously, the analyst had been modelling revenues of kr3.3b and earnings per share (EPS) of kr2.52 in 2022. There has definitely been an improvement in perception recently, with the analyst substantially increasing both their earnings and revenue estimates.

Check out our latest analysis for Green Landscaping Group

earnings-and-revenue-growth
OM:GREEN Earnings and Revenue Growth December 8th 2021

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2022 brings more of the same, according to the analyst, with revenue forecast to display 26{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} growth on an annualised basis. That is in line with its 28{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 6.9{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} per year. So it’s pretty clear that Green Landscaping Group is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away from this upgrade is that the analyst upgraded their earnings per share estimates for next year, expecting improving business conditions. They also upgraded their revenue estimates for next year, and sales are expected to grow faster than the wider market. The clear improvement in sentiment should be enough to get most shareholders feeling more optimistic about Green Landscaping Group’s future.

Even so, the longer term trajectory of the business is much more important for the value creation of shareholders. We have analyst estimates for Green Landscaping Group going out as far as 2023, and you can see them free on our platform here.

We also provide an overview of the Green Landscaping Group Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Green Landscaping Group continues to grow in Norway through acquisition of landscaping company Hermansen Maskin AS

2 December 2021, 08:00 CET

Green Landscaping Group AB (publ) has acquired Hermansen Maskin AS with a turnover of approximately NOK 75 million. The acquisition further strengthens our market position in Norway as we add another quality company to the group.

The acquisition of Hermansen Maskin AS is Green Landscaping Group’s 9th acquisition in Norway. The company is well known in its market for high quality as well as recurring and satisfied customers.

Hermansen Maskin is an entrepreneurial company founded in 2006 by Arild Hermansen. The company currently has sales of approximately NOK 75 million, good profitability and provides services within landscaping and maintenance. The company is established in Sande, southwest of Oslo. Customers are found mainly in the categories of construction companies, land developers and private individuals.

– We are convinced that Hermansen Maskin will complement and strengthen the group of companies that are already part of the group in Norway. The founder of the company, Arild Hermansen, symbolizes the entrepreneurial spirit that we seek, that is with a mind to run professional and successful companies in the outdoor environment industry, says Atle Roll-Matthiesen, Regional Manager Norway, Green Landscaping Group.

– I have for some time followed Green Landscaping Group and the quality Norwegian companies that have joined the group since 2020. The decentralized strategy will enable me and my employees to continue to run and develop our business as independent entrepreneurs. At the same time, we must be part of a larger context with the common goal of offering sustainable solutions in the outdoor environment, says Arild Hermansen, CEO, Hermansen Maskin.

– We are pleased that Hermansen Maskin is now joining the group and wish Arild and his staff a warm welcome to Green Landscaping Group, concludes Atle Roll-Matthiesen.

Green Landscaping Group acquires 100 percent of the shares in Hermansen Maskin AS with immediate access. The acquisition is financed within existing credit facilities and through a non-cash issue of own shares. The Board has therefore, within the scope of the authorization from the Annual General Meeting on 14 May 2021, decided on the issue of 105,923 shares in Green Landscaping Group, aimed at the sellers of Hermansen Maskin AS. This corresponds to a dilution of 0.2{6d6906d986cb38e604952ede6d65f3d49470e23f1a526661621333fa74363c48} of the share capital and votes in the Green Landscaping Group. The total number of shares in Green Landscaping Group after the issue has been 52,583,119 shares. The acquisition is not expected to have a significant effect on the result for 2021.

The previous owner of Hermansen Maskin is now shareholder in Green Landscaping Group (publ).

The information was, through the contact person below, submitted for publication on 2 December 2021 at 08:00 CET.

For more information:

Atle Roll-Matthiesen, Regionchef Norge, Green Landscaping Group AB
+47 909 00 112, atle.roll@glgroup.no

Carl-Fredrik Meijer, CFO & IR, Green Landscaping Group AB
+46 (0)70-108 70 19, carl-redrik.meijer@glgroup.se

Green Landscaping Group AB (publ) is the Nordic leading player in ground maintenance and landscaping of outdoor environments in Sweden. Our business concept is to enhance the customer’s outdoor environment by offering services focused on high customer value, long-term sustainability, and quality. The Company has approximately 1,350 employees and sales amount to approximately SEK 2 billion. The Company’s shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information visit www.glgroup.se.

Hermansen Maskin AS was founded in 2006 and has sales of approximately NOK 75 million and 20 employees. The company provides assignments in land development such as digging, excavation, water and sewerage work, landscaping and winter maintenance. The company is based in Sande in Vestfold and carries out projects in the Sande and Oslo area. For more information www.hermansenmaskin.no

https://news.cision.com/green-landscaping/r/green-landscaping-group-continues-to-grow-in-norway-through-acquisition-of-landscaping-company-herma,c3464337

https://mb.cision.com/Main/16824/3464337/1504515.pdf

https://news.cision.com/green-landscaping/i/signing-hermansen,c2987539

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