Announced
Financials
Sources
Tags
Private
Finland
Majority
construction engineering
Friendly
Single Bidder
Pending
Cross Border
Acquisition
Engineering Consulting
Synopsis
AFRY, an engineering, consulting and design company, ageed to acquire Vahanen, a construction engineering company. Financial terms were not disclosed. “AFRY’s aim is to strengthen our position in the Nordics. With Vahanen we can bring width and depth to AFRY’s services to the Finnish real estate market and strengthen our environmental services, allowing us to deliver larger and more complex projects. Vahanen’s strong competence and lifecycle management services will enable us to accelerate sustainable solutions, and drive digital services in real estate – both of which are key cornerstones of our strategy,” Jonas Gustavsson, AFRY President & CEO.
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