Eleda Group acquires Vastkustens Anlaggnings.

Eleda Group, an expansive group focusing on civil engineering, contract, and other services in infrastructure acquires Vastkustens Anlaggnings which offers complex sewerage contracts, as well as various land and civil engineering works. Financial terms were not disclosed. After the transaction, Vastkustens Anlaggnings will become a subsidiary of Mark & Energibyggarna. “Our business has developed very positively in recent years and to become a part of Mark & Energibyggarna feels like a natural next step in VK.AB's development. By becoming a part of a larger Group, we will be able to take advantage of, among other things, Eleda's processes and systems, which gives us favorable conditions for scalability and continued profitable growth”, Bo Eriksson, Vastkustens Anlaggnings Managing DIrector.