Nimlas-owned Sandbäckens Strengthens its Presence – Acquires Umia Stockholm AB
Sandbäckens, part of Nimlas Group, has acquired Umia Stockholm AB from Umia Sweden AB. With a turnover of SEK 190 million (2023), this is Sandbäckens’ largest acquisition in 2024. Sandbäckens further solidifying its position in electrical and ventilation installations in the Stockholm region. The acquisition is a strategic step in Sandbäckens’ long-term growth plan, 5-50-500, which targets SEK 5 billion in revenue, 50 new companies, and SEK 500 million in profit. The electrical segment is a key component of this growth, with the goal of achieving SEK 1 billion in revenue from