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  5. Bravida Acquires Otera Elektro AS

M&A Deal Summary

Bravida Acquires Otera Elektro AS

On April 30, 2014, Bravida acquired construction company Otera Elektro AS

Acquisition Highlights
  • This is Bravida’s 1st transaction in the Construction sector.
  • This is Bravida’s 1st transaction in Norway.

M&A Deal Summary
Date 2014-04-30
Target Otera Elektro AS
Sector Construction
Buyer(s) Bravida
Deal Type Add-on Acquisition

Target

Otera Elektro AS

Kristiansand, Norway
Otera Elektro AS is a provider of electro technical infrastructure, as well as automation and instrumentation solutions to the construction industry and to the oil and maritime sector.

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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 1 of 29
Sector: Construction M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 27
Country: Norway M&A 1 of 5
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-24 Peko Group

Tampere, Finland

Peko Group is a multitechnical service provider that offers includes installation and service solutions within the electrical, heating and plumbing, as well as the HVAC field.

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