A leading Swedish provider of excavation services and civil works

Eleda Group operates through three infrastructure service companies Akeab, KEWAB and Mark & Energibyggarna. The group, in which the different subsidiaries act as standalone brands, aims to be the leading excavation service provider across southern and western Sweden.

Triton acquired Akeab, a leading provider of excavation services and civil works in southern Sweden in June 2017. Under Triton ownership, the company has built up an infrastructure services group through add-on acquisitions of KEWAB in mid-western Sweden in November 2017 and Mark & Energibyggarna in the Gothenburg area in April 2018.

Akeab is leading provider of excavation services and civil works in southern Sweden. Within the construction field, Akeab undertakes traditional non-building construction projects, within fields such as road construction and street maintenance. The company is also a full-service provider of cable related work, primarily focused on electricity and FTTH (Fiber-to-the-home) projects.

KEWAB is a leading provider of excavation services, civil works and power network services with a strong presence and market position in the Värmland region of western Sweden and surrounding regions. The company focuses on medium sized projects with customers ranging from national electrical power network operators to municipalities and larger construction groups.

Mark & Energibyggarna is a leading provider of civil works in connection with infrastructure construction, such as streets, roads, district heating and power networks with a strong presence and market position in the Gothenburg area. The company focuses on medium sized projects and service agreement assignments, mainly with public customers.

The Group’s corporate culture has a strong entrepreneurial spirit, which empowers each company to work independently in complementary geographies. All three aim to be a leading player in their respective regional market. Eleda Group, headquartered in Stockholm, has about 800 employees and a turnover of SEK 2.5 billion in 2018.

At a glance
Country
Sweden
Investment date
June 2017
Sector
Business services
Sales
€250 million 2018
Number Of Employees
800 (2018)
Triton contact
Per Frankling
Per Frankling
TSM Investment Advisory Committee, Investment Advisory Professional
Management
Johan Halvardsson (Group CEO, CEO Mark & Energibyggarna)
Peter Condrup (CEO Akeab)
Fredrik Larsson (CEO KEWAB)
Peter Andersson (CFO)
Board of Directors
Per Frankling
Henrik Tholander
Mats O Paulsson
Company website
Press Releases