Advisor to Svatek on sale to VA Nordic
Norvara has acted as financial advisor to the owners of Svatek Scandinavia AB (
About the Company
Svatek is a pioneer in shaft-free management renewal and with almost 30 years on the market, the company is one of Sweden's leading and oldest players in shaft-free management renewal. Svatek is conducting projects for municipalities, management owners and process industries in most of Sweden and Norway. The company has a comprehensive offering in shaft-free line renewal and continuously drives the development of new shaft-free methods.
The company has sales of approximately 70 million with good profitability.
About the Acquirer
VA Nordic was founded in 2021 as a purchasing company in the acquisition of VA Gruppen, which was founded in 1977 and has been built up to focus on VA needs for many years, but also other civil engineering works. VA Nordic Group has sales of approximately SEK 650 million and 300 employees.
