Novedo acquires Gnesta Bergbyggare
The Novedo group of companies has acquired Gnesta Bergbyggare. Through this acquisition, Novedo has pro forma sales of SEK 1.5 billion, EBITDA of SEK 185 M and 850 employees. Gnesta Bergbyggare is Novedo’s fifteenth acquisition since its establishment in 2021, the third in 2022, and another step towards its IPO, which is planned for the first half of 2023.Gnesta Bergbyggare is an innovative and expansive group in the rock engineering sector. The business was established in Gnesta in 1996 by Dennis Hedström. Today, he operates the Group together with Nenad Blagojevic, who joined in 2012 and