Eleda Group to acquire Salboheds Bygg & Anläggningstjänst AB
Stockholm (Sweden), 01 July 2019 – Eleda Group, a Triton TSM fund portfolio company, has acquired all shares in Salboheds Bygg & Anläggningstjänster AB (Salbohed AB) a provider of civil engineering and contract services in the Västerås area in central Sweden. Terms of the transaction are not disclosed.
Salbohed AB is the fourth regional company within Eleda Group alongside sister companies Akeab, KEWAB and Mark & Energibyggarna AB.
Through this transaction, Eleda Group will expand its coverage to include the Västerås area within the Stockholm-Mälaren region in central Sweden. Salbohed AB has a yearly turnover of around 400 million SEK and approximately 50 full time employees in addition to 30 contractors. The company combines civil engineering and contract services within logistics and data centers and has a strong public sector order intake.
“Salboheds Bygg & Anläggningstjänst AB is a civil engineering and contract services company which manage projects in the growing field of specialized services for large logistic real estate and data centers, where the company has leading experience and competence. As the fourth regional company within Eleda Group, the company will give us a strong and strategic position in the Stockholm-Mälaren region and add to our growth rate and earnings,” says Johan Halvardsson, CEO of Eleda Group.
About Salboheds Bygg & Anläggningstjänster
Salboheds Bygg & Anläggningstjänst AB is a civil engineering and contract services company with reoccurring assignments from clients within both the public and private sectors. Operating in the Västerås area of central Sweden, the company has a yearly turnover of SEK 400 million and approximately 50 full time employees and 30 contractors.
About Eleda Group
Eleda Group is an expansive group focusing on civil engineering, contract and other infrastructure services. The Group operates through regional companies across southern and western Sweden. These companies all have similar business models and operational focus and currently include Akeab, KEWAB and Mark & Energibyggarna. Eleda Group’s corporate culture is marked by a strong entrepreneurial spirit, and the companies work independently in complementary geographical areas with the goal of being a leading player in their respective regional markets. Eleda Group, which has its headquarters in Stockholm, has around 800 employees and sales of approximately SEK 2.5 billion in 2018. Eleda Group is owned by Triton and a broad group of key individuals in the Group. For further information: https://www.eleda.se/en
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. 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 38 companies currently in Triton's portfolio have combined sales of around €14.9 billion and around 73,000 employees. For further information: www.triton-partners.com