M&A Deal Summary

Bravida Acquires Asentaja Group Ab Oy

On November 7, 2016, Bravida acquired business services company Asentaja Group Ab Oy

Acquisition Highlights
  • This is Bravida’s 15th transaction in the Business Services sector.
  • This is Bravida’s 3rd transaction in Finland.

M&A Deal Summary

Date 2016-11-07
Target Asentaja Group Ab Oy
Sector Business Services
Buyer(s) Bravida
Deal Type Add-on Acquisition

Target

Asentaja Group Ab Oy

Pietarsaari, Finland
Asentaja Group Ab Oy offers installation services for HVAC systems. Asentaja Group has had a strong development in the past few years and is presently established in several cities, for example Jakobstad, Vasa and Karleby, but also in Seinäjoki and Tornio.

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Buyer(S) 1

Buyer

Bravida

Stockholm, Sweden

Category Company
Founded 1922
Sector Business Services
Employees14,000
Revenue 29.7B SEK (2024)
DESCRIPTION

Bravida is a 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 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 18 of 29
Sector: Business Services M&A 15 of 24
Type: Add-on Acquisition M&A Deals 17 of 27
Country: Finland M&A 3 of 4
Year: 2016 M&A 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-03 Moelven Elektro AS

Moelv, Norway

Moelven Elektro AS is a provider of electrical installation services. The company was founded in 1998 and is based in Moelv, Norway. The company is represented in the towns of Moelv, Raufoss, Hamar, Lillehammer, Gardermoen and Tønsberg.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-07 JFE A/S

Denmark

JFE A/S is a contractor within district heating projects – ground work and culvert pipe laying assignments, for example to and from district heating power plants and combined heating and power plants.

Buy -