Nimlas owned Sandbäckens continues to investment in ventilation in Stockholm – Acquires Caeli
Nimlas owned Sandbäckens continues to investment in ventilation in Stockholm – Acquires Caeli
Sandbäckens, part of the Nimlas Group, is acquiring Caeli AB, specialists in ventilation installations. The acquisition is part of Sandbäckens’ long-term strategy, 5-50-500, which aims to reach SEK 5 billion in revenue, 50 new companies, and SEK 500 million in profit.
Following the acquisition of Caeli, Sandbäckens has become a significant multidisciplinary installation group in the Stockholm region, now consisting of over 10 companies. Together, these companies have a pro forma revenue just over SEK 1 billion (2024).
- “It’s exciting news that we continue to grow strongly in Stockholm with another excellent ventilation company. The acquisition aligns perfectly with our growth strategy, and I warmly welcome Caeli to Sandbäckens,” says Per Herrlin, Regional Manager, Technology at Sandbäckens.
- “Becoming part of Sandbäckens and the Nimlas Group opens entirely new opportunities for Caeli. We’ve experienced strong growth since our founding and are now looking forward to taking the next step, maintaining our entrepreneurial spirit while gaining the strength of a larger group,” says Martin Helge, MD of Caeli.
Caeli was founded in spring 2020 by Martin Persson, Calle Rosenqvist, and Martin Helge. The company currently has 5 employees based out of its office in Nacka. Caeli focuses primarily on ventilation and air treatment for commercial, public, and industrial properties in the Stockholm area. Its customers are mainly construction firms and property owners. Caeli has a turnover of approximately SEK 100 million (2024).
Martin Helge adds:
- “Together, we can develop smart ventilation solutions that make a difference for our customers, while maintaining quality and proximity.”
The acquisition will be finalized during the month of 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/
