Eleda completed the acquisition of ONE Nordic and JVAB from Altor.

Altor-backed Eleda, an infrastructure services group, completed the acquisition of ONE Nordic, which produces and supplies electricity, and JVAB, a civil infrastructure business, from private equity firm Altor. Financial terms were not disclosed. "ONE Nordic is stronger than ever today. During Altor’s ownership period, ONE Nordic has had the opportunity to expand from electricity distribution into services and projects in renewable energy, and we now look forward to a continued growth journey as part of the larger Eleda group, with whom we already have several overlapping clients and hope to expand that further," Jonas Arvidsson, ONE Nordic CEO.