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Announced

Sandbäckens to acquire LH Ventteknik.

Financials

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

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Friendly

Diversified Industrials

Sweden

Pending

Private

Single Bidder

Domestic

Acquisition

ventilation services

Majority

Synopsis

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Sandbäckens, a Swedish provider of heating & sanitation installations, agreed to acquire LH Ventteknik, a firm that specializes in innovative and energy-efficient ventilation projects in Gothenburg and surrounding areas. Financial terms were not disclosed. "I would like to warmly welcome LH Ventteknik to Sandbäckens. The acquisition means that we thereby further strengthen our position in the technology area of ​​ventilation. Together with our previously acquired ventilation companies, Teklin and Teklin Göteborg, we now become one of the market-leading players on the West Coast," André Roos, Sandbäckens Business Development Manager.

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