ÅF acquires fast-growing company within infrastructure planning
(Thomson Reuters ONE) -
For further information:
Mats Påhlsson, President Infrastructure Division +46 705 346 400
Jonas Wiström, CEO +46 70 608 12 20
Stefan Johansson, CFO +46 70 22 42 401
As of 1 June 2015, ÅF is acquiring all the shares in EQC Group. The merger
strengthens ÅF's customer offering within infrastructure and consolidates
operations at a local level in several locations across Sweden.
"ÅF's infrastructure planning operations have seen significant growth in recent
years. ÅF has a total of 7,700 highly qualified employees and with the
acquisition of EQC, ÅF will have more than 2,300 consultants working on the
infrastructure of tomorrow," says Mats Påhlsson, Head of ÅF's Infrastructure
Division.
EQC has enjoyed strong growth since its establishment in January 2011, and the
company's sales in 2014 totalled approximately SEK 180 million, with healthy
profitability. The company now has just over 180 employees in 14 locations in
Sweden and Norway. EQC provides comprehensive infrastructure services as part of
large and medium-sized projects within roads and railways. Furthermore, EQC
offers services within electrical power, automation and mechanical engineering
to industrial clients via the subsidiary EQC Engineering.
"A merger between ÅF and EQC offers clear advantages. The move strengthens our
joint competence base and improves our ability to meet the growing demand for
technical consulting services in infrastructure projects," says Magnus Trollius
at EQC.
EQC's operations will in the main be part of the Infrastructure Division. EQC
Engineering, with 16 employees, will be part of the Industry Division, under the
management of Per Magnusson.
Corporate Information
ÅF AB
ÅF is an engineering and consulting company for the energy, industrial and
infrastructure markets, creating progress for our clients since 1895. By
connecting technologies we provide profitable, innovative and sustainable
solutions to shape the future and improve people's lives. Building on our strong
base in Europe, our business and clients are found all over the world.
ÅF - Innovation by experience
Press release (PDF):
http://hugin.info/1253/R/1925588/690917.pdf
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Source: ÅF AB via GlobeNewswire
[HUG#1925588]
Unternehmensinformation / Kurzprofil:
Datum: 02.06.2015 - 08:31 Uhr
Sprache: Deutsch
News-ID 397450
Anzahl Zeichen: 3071
contact information:
Town:
Stockholm
Kategorie:
Business News
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