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Announced

Sweco acquires the rail infrastructure engineering and consulting services business from NRC Group.

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Railroads

rail infrastructure

Acquisition

Pending

Private

Norway

Single Bidder

Synopsis

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Sweco has signed an agreement to acquire the rail infrastructure engineering and consulting services business from NRC Group. With this acquisition, Sweco becomes the leading, full service railway design expert in Finland, while at the same time reinforcing the position in Sweden. Financial terms were not disclosed. The acquisition brings 320 new railway design experts to Sweco, located in Finland and Sweden. In Finland, Sweco takes a market leading position within railway design engineering and becomes one of the largest players in the market in the fields of infrastructure, mobility and urban planning. Adding high quality competence will also strengthen Sweco’s market leading position in Sweden. With this acquisition, Sweco reinforces its position as a leading railway design expert in Northern Europe with more than 1.2k rail and light rail professionals. “We continue to deliver on our growth strategy with the ambition to become market leader in all of our key markets. With the acquisition we strengthen our offering in a segment with large investment needs and a strong market. There is an excellent match of competences and I am happy and proud to welcome all of our new colleagues to Sweco,” Åsa Bergman, Sweco President and CEO.

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