Axcel-backed Currentum completed the acquisition of Askim & Mysen Rør.

Axcel-backed Currentum, a Swedish installation group within HVAC, H&S, sprinkler and building automation, completed the acquisition of Askim & Mysen Rør, a plumbing contractor. Financial terms were not disclosed. "We are very happy that Askim & Mysen Rør AS has chosen to become part of Currentum. It is a long-established company that has operated for a long time and has had impressive success over the years, with a strong position on the Norwegian market. Their insights into the customers' needs and local knowledge will complement the group in a very good way," Klas Larsson, Currentum CEO.