M&A Deal Summary

Coor Acquires Veolia Technical Management

On July 19, 2021, Coor acquired business services company Veolia Technical Management from Veolia for 180M SEK

Acquisition Highlights
  • This is Coor’s 7th transaction in the Business Services sector.
  • This is Coor’s 0th largest (disclosed) transaction.
  • This is Coor’s 7th transaction in Sweden.

M&A Deal Summary
Date 2021-07-19
Target Veolia Technical Management
Sector Business Services
Buyer(s) Coor
Sellers(s) Veolia
Deal Type Divestiture
Deal Value 180M SEK

Target

Veolia Technical Management

Stockholm, Sweden
Veolia Technical Management is a well-run business with a sharp focus on sustainability, high levels of technical expertise, often in critical production and infrastructure plants.

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Buyer(S) 1

Buyer

Coor

Kista, Sweden

website

Category Company
Founded 1998
Sector Business Services
Employees9,051
Revenue 9.6B SEK (2020)
DESCRIPTION

Coor is a provider of IFM and FM services in the Nordics, offering all the facility management services necessary for a company or public body to work smoothly and effectively. Coor was founded in 1998 and is headquartered in Kista, Sweden.

DEAL STATS #
Overall 8 of 9
Sector (Business Services) 7 of 8
Type (Divestiture) 2 of 2
Country (Sweden) 7 of 8
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-27 Norrlands Miljovard AB

Kramfors, Sweden

Norrlands Miljovard AB is a provider of cleaning services in northern Sweden, with some 15 operational centers from Gavle in the south to Kiruna in the north. Norrlands Miljovard is based in Kramfors, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-08 INSPIRA

Solna, Sweden

INSPIRA provides workplace services, mainly focused on cleaning, for a large number of customers in central Sweden. INSPIRA was founded in 1984 and is based in Solna, Sweden.

Buy -

Seller(S) 1

SELLER

Veolia

Stockholm, Sweden

website

Category Company
Sector Environmental
DESCRIPTION

Veolia is an ecological transformation company which designs and provides game-changing solutions that are both useful and practical for water, waste, and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and replenish them. Veolia is based in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-14 Uniper - Power Plant

Gonyu, Hungary

Uniper's Power Plant has installed a capacity of around 430 megawatts. Uniper's Power Plant is based in Gonyu, Hungary.

Buy -
Mergr

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