Bluewater-backed Jernbro to acquire Veltec from PSS.

Bluewater-backed Jernbro, a provider of industrial maintenance and projects, agreed to acquire Veltec, an industrial services provider, from PSS, an energy and process industry services provider. Financial terms were not disclosed. "This acquisition represents a significant step in our growth strategy. By joining forces with Veltec, we are better equipped to meet the evolving needs of our customers across Scandinavia. We are committed to bringing the combined expertise of both companies to offer unparalleled service quality and operational efficiency," Daniel Backman, Jernbro CEO.