Sweco and Vectura join forces – Creating the Nordic region’s leading engineering consultancy with 9,000 employees
Sweco has signed an agreement with the Swedish Government to acquire 100 per cent of the shares in the consulting engineering firm Vectura with 1,200 employees. The acquisition will create the largest engineering consultancy in the Nordic market, with annual sales of approximately SEK 8,800 million and around 9,000 employees. The acquisition is expected to boost Sweco’s operating profit with SEK 100 million by 2015, including identified synergies of more than 70 MSEK. This is expected to increase earnings per share by nine per cent. The total purchase consideration amounts to SEK 927 million
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