Coor acquires Veolia Technical Management
Coor today signed an agreement relating to the acquisition of the assets in the business area Veolia Technical Management, part of Veolia Sverige AB, which is divesting its operations in Sweden and Norway. The business area has some 250 employees and annual sales of some SEK 500 M. The acquisition further strengthens Coor’s offering and competencies in technical property services and maintenance.The purchase consideration totals SEK 180 M. The acquisition is financed within the framework of Coor’s existing financing in its entirety. The transaction takes the form of an asset transfer mainly