Nimlas owned Sandbäckens acquires Nordvalvet – ventilation company in Stockholm
Sandbäckens, part of the Nimlas Group, is acquiring Nordvalvet AB, thereby expanding its expertise in service and ventilation installations. The acquisition is part of Sandbäckens’ long-term strategy, 5-50-500, which aims to achieve SEK 5 billion in revenue, acquire 50 new companies, and reach SEK 500 million in profit.
With this acquisition, Sandbäckens significantly strengthens its position in the Stockholm region. Following the acquisition of Nordvalvet, the pro forma revenue for 2024 is slightly below under SEK 1 billion.
- “The Sandbäckens growth journey continues! The acquisition of Nordvalvet is significant and reinforces our presence as a multidisciplinary group in the Stockholm region,” says Per Herrlin, Regional Manager Teknik, at Sandbäckens.
Nordvalvet was founded in the early 2000s and is now an established ventilation company with 26 employees. The company provides comprehensive ventilation solutions such as service, mandatory ventilation inspections (OVK), corrective maintenance, and installations. Its customers include property companies, construction companies, public sector clients, and technical management companies. Nordvalvet has a turnover of approximately SEK 51 million (2024).
- “Becoming part of Sandbäckens feels like the right step for us as we look to further develop our business,” says Martin Åhs, MD of Nordvalvet.
Martin Åhs continues:
- “Now we have the right platform to grow the company to the next level. I see great potential for collaboration and synergies with other disciplines and companies within the Sandbäckens Group—many exciting opportunities lie ahead.”
The acquisition of Nordvalvet will be finalized in June.
Further information:
Louise Schenholm, Marketing and communication manager
+46 70 690 73 51
Louise.schenholm@sandbackens.se
About Nimlas Group
Nimlas Group is a leading Nordic technical installation and service group with more than 4,500 dedicated employees active across over 130 locations in Sweden, Finland, and Norway. The group provides services as of the full range of technical disciplines ranging from heating and sanitation to electricity, automation, ventilation, cooling/refrigeration, and fire safety, as well as related services such as design and security. Nimlas’ vision is to continue its strong growth by attracting installation companies where Nimlas aims to provide the best environment for companies to grow. The group has a turnover of approximately SEK 9 billion pro forma. Nimlas is owned by funds managed by KLAR Partners. Read more at https://nimlasgroup.com/
