Magnesium Capital completed the acquisition of Embriq from Rejlers for $46m.

Magnesium Capital, a private equity firm, completed the acquisition of Embriq, a provider of technical consultancy services, from Rejlers, an engineering consultancy firms in the Nordic region, for $46m. “This is a transaction perfectly in line with our new strategy to focus on Rejlers core operations. The target is to double the company with increased profitability by the end of 2025. It is also pleasing to conclude that Embriq has had a significant value development in Rejlers in less than five years. I am positive Embriq will have a continuous great development with Magnesium Capital," Viktor Svensson, Rejlers CEO.