Announced
Completed
Financials
Sources
Tags
Merger
Construction Services
Majority
Single Bidder
Private Equity
Private
Completed
Sweden
Acquisition
residential builders
Cross Border
Friendly
Synopsis
Sitowise, a construction services provider, completed the acquisition of Karlsson & Segelstrom Construct, Swedish residential builders. Which will be merged with Byggnadstekniska Byrån Sverige, Sitowise's Swedish subsidiary. Financial terms were not disclosed. “We believe that Byggnadstekniska Byrån Sverige's broader experience of for example hospitals combined with Karlsson & Segelström Construct AB's strong local presence will allow expansion in structural engineering in the Örebro area," Juha Korteniemi, Sitowise Business Area Director, International Operations.
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