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New Deal


Announced

AFRY to acquire Vahanen.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Finland

Majority

construction engineering

Friendly

Single Bidder

Pending

Cross Border

Acquisition

Engineering Consulting

Synopsis

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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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