Announced
Synopsis
Brødrene A & O Johansen, a water supply company, agreed to acquire Svenska VA-Grossisten, a sewage products firm. Financial terms were not disclosed. “With the acquisition of Svenska VA-Grossisten, we not only gain a new team and a new site to our business in AO Sweden, but we also gain a foothold in the capital area of Sweden. Today, AO Sweden is a market leader within water and drainage, in the southern and western area of Sweden. By expanding our business in Sweden, we not only aim to serve the customers in Stockholm but also to be able to serve the nationwide customers in Sweden,” Niels A. Johansen, Brødrene A & O Johansen CEO.
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