M&A Deal Summary

Jernbro Acquires Veltec

On September 30, 2024, Jernbro acquired business services company Veltec from Plant Systems & Services PSS

Acquisition Highlights
  • This is Jernbro’s 1st transaction in the Business Services sector.
  • This is Jernbro’s 1st transaction in Denmark.

M&A Deal Summary
Date 2024-09-30
Target Veltec
Sector Business Services
Buyer(s) Jernbro
Sellers(s) Plant Systems & Services PSS
Deal Type Add-on Acquisition

Target

Veltec

Ringsted, Denmark
Veltec is a provider of industrial maintenance and projects. Veltec was founded in 1962 and is based in Ringsted, Denmark.

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Buyer(S) 1

Buyer

Jernbro

Gothenburg, Sweden
Category Company
Sector Business Services
DESCRIPTION

Jernbro is a provider of industrial maintenance and projects. Jernbro is based in Gothenburg. Sweden.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Denmark) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Plant Systems & Services PSS

Bochum, Germany
Category Company
Sector Business Services
Employees210
DESCRIPTION

Plant Systems & Services PSS GmbH is the holding company for a group of specialised companies that provide services for the energy and process industry, such as for power plants and chemical and steel companies, waste incineration plants, and district heating suppliers. Plant Systems & Services PSS GmbH is based in Bochum, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Denmark) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-26 Veltec

Ringsted, Denmark

Veltec is a provider of industrial maintenance and projects. Veltec was founded in 1962 and is based in Ringsted, Denmark.

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