Bravida Holding AB: Bravida’s acquisition of Peko Group completed

STOCKHOLM--()--Regulatory News:

Bravida (STO:BRAV001)

The Finnish competition authority has approved Bravida’s acquisition of Peko Group and access has been given from today.

Bravida signed the agreement of purchase of Peko Group in April. Peko Group operates in mid and south Finland, has 320 employees, and had a turnover of Euro 67 Million in 2014. Peko Group forms the foundation for a new division, Bravida Finland and Marcus Karsten, previous CEO of Lehminkäinen Talotekniikka, is the new Divison Manager. The integration process starts immediately and is expected to continue at least this year through.

The acquisotion means that Bravida pursues our strategic plan to establish the organisation in Finland. Presently, the Bravida Group, is present in Sweden, Norway, and Denmark.

Bravida is the premier multitechnical service provider i the Nordics, with about 9,000 employees. Bravida delivers specialist services as well as complete electrical, heating and plumbing, and HVAC solutions, offering everything from design and project planning to installation, operation and maintenance. Bravida is represented in around 160 locations in Sweden, Norway, Denmark and Finland. www.bravida.com

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Contacts

Bravida
Mattias Johansson
CEO and Group President
Phone: +46 8 695 20 00
or
Staffan Påhlsson
Senior Vice President
Phone: +46 8 695 20 00
or
Bravida Finland
Marcus Karsten
CEO and Division Manager
Phone +358 400 792 327

Contacts

Bravida
Mattias Johansson
CEO and Group President
Phone: +46 8 695 20 00
or
Staffan Påhlsson
Senior Vice President
Phone: +46 8 695 20 00
or
Bravida Finland
Marcus Karsten
CEO and Division Manager
Phone +358 400 792 327