Announced

KLAR Partners-backed Sandbäckens to acquire Umia Nord and Umia Skellefteå from Umia Group..

Synopsis

KLAR Partners-backed Sandbäckens, a Sweden-based building services group and part of Nimlas Group, agreed to acquire Umia Nord AB and Umia Skellefteå AB, two Sweden-based installation companies, from Umia Group, a Swedish multidisciplinary installation services provider. Financial terms were not disclosed. "Sandbäcken's growth journey continues and both of these Umia companies are an important contribution to our journey towards 5-50-500. That we are now expanding with multiple disciplines in northern Sweden is a milestone in Sandbäcken's history," Fredrik Setréus, Sandbäckens CEO and President.

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