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  5. Bravida Acquires Sundins El

M&A Deal Summary

Bravida Acquires Sundins El

On June 4, 2021, Bravida acquired business services company Sundins El

Acquisition Highlights
  • This is Bravida’s 24th transaction in the Business Services sector.
  • This is Bravida’s 17th transaction in Sweden.

M&A Deal Summary
Date 2021-06-04
Target Sundins El
Sector Business Services
Buyer(s) Bravida
Deal Type Add-on Acquisition

Target

Sundins El

Norrköping, Sweden
Sundins El operates in the fields of electrics, telecommunications and automation. The company has firm roots in the local community, with many long-standing customer relationships. They create customer-specific solutions in industry, real estate and commercial premises, and also work nationwide with some of their customers.

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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 29 of 29
Sector: Business Services M&A 24 of 24
Type: Add-on Acquisition M&A Deals 27 of 27
Country: Sweden M&A 17 of 17
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-27 E3K

Danderyd, Sweden

E3K was founded in 2005 and today operates in the fields of automation, electrics, ventilation, heating and plumbing. The business specializes in holistic services for installation work, property management, and service and technology provision. Other areas of expertise include taking an overarching approach and ensuring smooth interaction between the various systems in buildings.

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