Assemblin completes acquisition of Skanska Installation
Stockholm (Sweden), 3 October 2016 - Assemblin, a Triton Fund IV company, has completed the acquisition of Skanska Installation from Skanska Sverige. Skanska Installation’s roughly 830 employees, spanning over 20 locations in Sweden, will join Assemblin.
The acquisition of Skanska Installation represents a significant enhancement for Assemblin in the areas of electrical engineering, heating & sanitation and ventilation.
Assemblin is one of the Nordic region’s leading installation and service companies with operations in Sweden, Norway and Finland. With the strength of a multidisciplinary group and the personal presence of a local company, we design, install and maintain technical systems for heating and sanitation, electricity and ventilation in offices, arenas, shopping centres, houses and industrial premises. Our turnover is more than SEK 8 billion and with more than 5,000 employees in over 100 locations in the Nordic region, we are where you are. For you. www.assemblin.com
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Northern Europe, Italy and Spain. Within this European region, Triton focuses on businesses in the Industrial, Business Services and Consumer/Health sectors.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 27 companies currently in Triton's portfolio have combined sales of over €13 billion and over 72,500 employees.
The Triton funds are advised by dedicated teams of investment professionals based in Germany, Sweden, the United Kingdom, the United States, China, Luxembourg and Jersey.
For further information: www.triton-partners.com