M&A Deal Summary

Afry Acquires Teknoplan AB

On November 16, 2016, Afry acquired engineering company Teknoplan AB

Acquisition Highlights
  • This is Afry’s 3rd transaction in the Engineering sector.
  • This is Afry’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2016-11-16
Target Teknoplan AB
Sector Engineering
Buyer(s) Afry
Deal Type Add-on Acquisition

Target

Teknoplan AB

Stockholm, Sweden
Teknoplan AB is a designer of electrical and telecom installations systems for customers such as stockholm public transport, the city of stockholm, the swedish transport administration, healthcare real estate company Locum and major property developers.

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Buyer(S) 1

Buyer

Afry

Stockholm, Sweden

Category Company
Founded 1895
Sector Engineering
Employees17,900
Revenue 27.2B SEK (2024)
DESCRIPTION

Afry is an engineering and design company within the fields of energy, industry, and infrastructure. Afry creates sustainable solutions for the next generation through talented people and technology. Afry was founded in 1895 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 5 of 10
Sector: Engineering M&A 3 of 7
Type: Add-on Acquisition M&A Deals 5 of 9
Country: Sweden M&A 2 of 2
Year: 2016 M&A 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-30 Solid Engineering AS

Molde, Norway

Solid Engineering AS is a provider of technical and administrative services within the market areas of energy, oil and gas, construction, telecommunications and HSEQ. The company has its offices in Molde, but provides services throughout the country.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-12 Edy Toscano AG

Muri bei Bern, Switzerland

Edy Toscano AG is an engineering consulting firm. Edy Toscano offers planning, engineering and consulting services for tunnels, roads, railways, traffic and environment sectors.

Buy -