Summa Equity acquires Lakers
Summa Equity has signed an agreement to acquire Lakers Holding AB (“Lakers”), a Nordic group operating within the water, wastewater, building services and industry segments. The transaction is subject to regulatory approval and is expected to be completed in October 2018.The Nordic water and wastewater infrastructure is ageing and has large inefficiencies. Growing populations, urbanization, increased connectivity and increased regulatory standards also drive the need for restructuring and upgrades of the infrastructure. These challenges will drive growth for Lakers by its contribution to