Announced
Completed
Financials
Sources
Tags
Majority
Cross Border
Finland
Completed
Acquisition
Friendly
relining
Single Bidder
Private
Pipelines
Synopsis
Tebede-backed Spolargruppen Sverige, a Provider of wastewater and sewage cleaning services, completed the acquisition of Consti Sukitus assets, property-related relining business, from Consti Building Services, a company that offers comprehensive renovation and building technology services and selected new construction services to housing companies, corporations, investors and the public sector in Finland's growth centers. Financial terms were not disclosed. "With the acquisition of CS, we further strengthen Spolargruppens position as the market leader in property-related relining in Finland. CS fits well into Spolargruppens strategy and with the potential synergy effects of the acquisition, we are positive about the opportunities to develop the Finnish market together with our employees and customers," Anders Lönnqvist, Tebede CEO.
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