M&A Deal Summary

Bravida Acquires Hangö Elektriska

On September 19, 2018, Bravida acquired business services company Hangö Elektriska

Acquisition Highlights
  • This is Bravida’s 18th transaction in the Business Services sector.
  • This is Bravida’s 4th transaction in Finland.

M&A Deal Summary
Date 2018-09-19
Target Hangö Elektriska
Sector Business Services
Buyer(s) Bravida
Deal Type Add-on Acquisition

Target

Hangö Elektriska

Hanko, Finland
website
Hangon Sähkö Oy is a provider of electrical and plumbing services from planning and installation to service and maintenance. Hangon Sähkö offers comprehensive contracts, including subcontracting for industry, for all types of real estate and processes. Hangon Sähkö Oy was founded in 1937 and is based in Hanko, Finland.

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Buyer(S) 1

Buyer

Bravida

Stockholm, Sweden

website

Category Company
Founded 2000
Sector Business Services
Employees11,763
Revenue 21.1B SEK (2020)
DESCRIPTION

Bravida is a Nordic provider of sustainable end-to-end solutions for electrical systems, heating and plumbing, HVAC and other technical functions in properties and facilities. The Company has 12,000 employees and branches in around 180 locations across Sweden, Norway, Denmark and Finland. Bravida was founded in 1922 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 22 of 29
Sector (Business Services) 18 of 24
Type (Add-on Acquisition) 21 of 27
Country (Finland) 4 of 4
Year (2018) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-25 Pounus Rör AB

Jukkasjärvi, Sweden

Pounus Rör AB offers installation and service as well as industrial pipework. Pounus rör was founded in 2012 and has operations in Kiruna with surrounding areas. The company has 18 employees and a turnover of approximately SEK 30 million.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-25 Lindstens Elektriska AB

Sjobo, Sweden

Lindstens Elektriska AB is a provider of service, installation and automation, primarily to construction companies, municipalities and industries. Lindstens Elektriska was founded in 1965 and is based in Sjobo, Sweden.

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