Bravida acquires Sala elektriska and through the acquisition takes a stronger position in electricity in Mälardalen – a region with strong growth. The acquired business offers services in both service and installation.
– We see the Mälardalen as a very interesting market where Bravida is today represented in electricity, air conditioning and ventilation. Now we are strengthening our business further and through the purchase of Sala elektriska, we can meet customer demand in an even better way. The business is well managed with competent fitters and officials who complement our current business in a good way, says Mats Axelsson, regional manager Bravida region Dalarna, Västmanland, Södermanland.
The seller is Per-Olov Östlund, who built up and ran Sala Elektriska since its inception. He will continue to work in the role of head of department in Bravida.
– I want to develop the business further and that will be possible with Bravida as owner. We become both bigger and stronger together. I also see it as an opportunity to help more customers and broaden our offer through Bravida’s existing operations in the region, says Per-Olov Östlund, CEO, Sala Elektriska.
About Bravida
Bravida is a leading total supplier of service and installation services in the Nordics. Bravida delivers specialist services as well as complete solutions in electricity, air conditioning, ventilation, security, cooling, sprinklers, technical property management and power. Bravida is represented in Sweden, Norway, Denmark and Finland and has 12.000 employees in 183 locations in the Nordics with a turnover of SEK 21 billion. The Bravida share is listed on Nasdaq OMX Large Cap in Stockholm.
CONTACT
Fredrik Nygren
Partner
fredrik@nygrennorden.se
+46 70 551 24 51
Ulrik Nordén
Partner
ulrik@nygrennorden.se
+46 70 810 81 13
About Nygren Norden Advisory
Nygren Nordén Advisory is an M&A advisor with a focus on long-term value creation in company mergers, spin-offs, company acquisitions and changes of ownership of companies. We drive and lead the transaction from start to finish and work according to a structured process in an efficient manner. Nygren Nordén Advisory has very good contact networks in Sweden and internationally.
How does it go when you sell your company? It is a process that consists of several steps and you need to be well prepared to achieve the highest possible results. The reasons why you want to sell your business are different for everyone, regardless of what your reason is, we make sure the process goes smoothly.
In order to achieve high results, the vast majority choose to hire a business advisor to get help with planning and implementation. We operate and lead the transaction from the beginning to the end and work according to a structured process in an efficient manner. With us as advisors for business sales, you will be properly prepared for the sale and have security from start to finish.