ÅF acquires Midtconsult - strengthened presence in Denmark

ÅF acquires Midtconsult - strengthened presence in Denmark

ID: 512722

(Thomson Reuters ONE) -


For further information:

Mats Påhlsson, President Infrastructure Division              +46 70 534 64 00
Marta Tiberg, Head of Communication and Brand           +46 73 072 70 48

In line with ÅF growth strategy and ambition to increase its presence in Denmark
ÅF acquires Midtconsult, a consulting company with operations in the strong
Danish real estate sector.

Through the acquisition of Midtconsult, ÅF continues to grow in Scandinavia. The
acquisition will strengthen ÅF's business in Denmark and provide a robust
platform for further growth in the Danish real estate and infrastructure
engineering market.

Midtconsult is a multidisciplinary service provider with a strong strategic
market position in the real estate development and construction sector. The
company has references on large projects across various real estate segments
such as residential, commercial, hospitals and public buildings. Midtconsult's
main market is real estate, but the company is also actively expanding in the
infrastructure sector. Midtconsult is a fast growing and profitable company with
a turnover of close to MSEK 200.

"The combination of ÅF and Midtconsult will form a leading engineering and
consultancy provider to the Danish real estate and infrastructure markets and
give ÅF a solid platform for further growth in Denmark," says Jonas Wiström, CEO
of ÅF.

Urbanization along with increasing demand for sustainability and energy
efficiency bring new business opportunities on which Midtconsult is geared to
capitalize.

"We have been looking for a strategic partner to develop our business and after
careful evaluation we have decided that ÅF offers Midtconsult and our customers
the best opportunities," says Thomas Duedahl, CEO of Midtconsult.

Midtconsult will be consolidated by the ÅF Group as of January 1, 2017.





Corporate Communication
ÅF AB (publ)

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/2064843/775075.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: ÅF AB via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 14.12.2016 - 09:00 Uhr
Sprache: Deutsch
News-ID 512722
Anzahl Zeichen: 3037

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