Polygon Group continues to grow and expand its footprint in the UK.

Polygon Group, a leading multinational player in property damage control, continues its ongoing expansion and strengthening of its footprint in the UK through the acquisition of FSH Group Limited (FSH). Polygon UK has broadened its service offerings through several acquisitions in recent years, and FSH, with an annual turnover of approximately €20 million and over 200 employees, specialises in reconstruction services, making it an excellent match for Polygon UK.   Axel Gränitz, President and CEO of Polygon Group, comments:   “I am pleased to welcome another member to our

Polygon releases ExactAire Multi Sensor, a 5-in-1 monitoring device

Small and flexible sensor capable of temp and RH, wood and concrete moisture content, leak detection, surface temperature   Polygon, one of the largest global Property Damage Control and Temporary Climate Solutions providers, is pleased to announce the release of the ExactAire Multi Sensor, a 5-in-1 monitoring device designed to support a variety of applications. The versatile sensor is a powerful piece of the company’s remote monitoring and control service that enables risk mitigation in construction and existing buildings including commercial and industrial facilities, libraries,

Polygon expands in Italy with the acquisition of All Consulting Service

Polygon has acquired 100% of All Consulting Service in Italy from its parent company All Consulting Group. All Consulting Services is specialized on small/mid-sized claims business, primarily in the residential housing area for leading insurance partners. With this acquisition, Polygon continues its strategic plan of growth and full range service offer in Italy. For Polygon Group this represents an attractive add-on for their customers in Italy, after the acquisition of Recotech in 2020.Polygon is the European leader in property damage control, serving a range of sectors including insurance,

Polygon strengthening their market in Switzerland by the acquisition of Odermatt Group

Polygon Switzerland strengthens its property damage restoration (PDR) business by acquiring Odermatt Group. Odermatt Group is a leading provider in the Swiss market with excellent services, specialized in window repairs and replacement. Annual sales are about CHF 20 million with 65 employees. With this strategic acquisition Polygon strengthens its growth strategy in the small as well as large claims business in Switzerland, by leveraging on Odermatt’s unique skill sets and complementary customer base.Polygon is the major world-wide player in property damage control, providing solutions to

Polygon acquires Caption Data to strengthen IoT Services and ExactAire® offering

Polygon has signed an agreement to acquire Caption Data Limited, which Polygon has been a minority owner and customer to since 2010. Together they offer end-to-end environmental monitoring solutions for indoor air quality, leak detection, toxic gas monitoring, and energy management under the technology product brand ExactAire®. The acquisition facilitates a closer, stronger relationship with a shared objective to deliver innovative and effective IoT solutions to clients needing real-time environmental data and control to reach their economic, ESG and IAQ goals.Caption Data is a UK-based

Polygon acquires Aquaser in France

Polygon strengthen its geographical reach in France by the acquisition of Aquaser. Aquaser is a Property Damage Restoration company focused on Leak detection and Reconstruction with 28 employees and annual revenue of about 3 MEUR. Aquaser is based in Bordeaux with depots in Toulouse and Saintes.Aquaser was established in 2002, restoration services were over time completed with leak detection, plumbing services and reconstruction. Aquaser also developed expertise in industrial imaging (high temperatures camera, 360 image drones) with an ambitious investment and training plan. “I´m really

Polygon acquires Probaco Sanering in Sweden

Polygon Sweden acquires Probaco Sanering i Värmland AB (Probaco Sanering), a property damage restoration company with 25 employees and annual sales of about 2,6 MEUR. This acquisition will strengthen Polygon Sweden’s fire damage restoration service line.Polygon is a renowned property damage restoration company for water damage restoration, moisture damage investigations and climate management in new production and moisture safety. The acquisition of Probaco Sanering, supports Polygon’s strategy of becoming the leading property damage restoration company in the region of Värmland in the

Polygon acquires BMS Global Services in France

Polygon in France strengthen its market position and geographical footprint with the acquisition of BMS Global Services (BMS). BMS is a property damage restoration company focused on Major and Complex Claims and specialized in Demolition and Reconstruction services. The acquisition will add 120 professionals and annual sales of about 12 MEUR.BMS was founded by Bertrand Mathieu in 2011. Bertrand will stay in the company and be responsible for Major and Complex Claims and Reconstruction services. BMS is today present in Montpellier, Marseille, Toulouse, Nice, Paris and Valence. “With the

Polygon UK broaden their commercial service footprint and strengthens its market leadership position through the acquisition of ISS Damage Control.

ISS Damage Control is one of the top three providers of damage restoration services in the UK with a key focus on Major and Complex Claims, commercial and non-domestic customers. In 2001, ISS acquired a small property damage restoration business, which grew significantly and was branded Damage Control in 2010. The business currently has revenues of approximately 15 MEUR with a team of around 100 employees.This acquisition further reinforces Polygon UK´s service delivery capability in Major and Complex Claims.  Axel Gränitz, President and CEO of Polygon Group, says “This acquisition

Polygon extend their geographical footprint in France

Polygon France won the bidding process to acquire employees, locations, customers, and projects from Uni Promotion, based in Paris. The transaction is a prepacked sales deal within a judicial reorganization procedure in the context of a potential bankruptcy of Uni Promotion. The goals of this procedure are to safe jobs and the assets of the company. Uni Promotion has been a well-known property damage restoration company with specialties in Leak detection and Reconstruction services.“It´s a great opportunity for us to continue the footprint of Uni Promotion and offer its employees continued

Polygon acquires SAT in France and Luxembourg

Polygon has signed an agreement to acquire SAT France and SAT Luxembourg specialized in asbestos removal and decontamination. The two companies have approximately 110 employees and annual sales of 10 MEUR.SAT France was founded in 2003 by Patrick Glangé and Stephan Huber and in 2012 they started SAT Luxembourg. SAT operates in various sectors, with focus on the energy sector and offers a large range of services such as asbestos and toxic substances removal and decontamination.   “This is a great opportunity for us to expand our service offering in France, while at the same time we see

Polygon expands its geographical presence in Finland

Polygon in Finland has signed an agreement to acquire Saneeraustekniikka Sartek Oy (“Sartek”) in the Northern part of Finland. Sartek is a property damage restoration company with specialties within Water damage restoration, Indoor air Quality, Reconditioning and Asbestos.Sartek was founded in 1989 and is based in Kajaani. Service footprint will reach to Kuhmo, Kuusamo and a large area in the Northern Part of Finland. “I am very impressed with what Seppo and his team have built up over the years and we share the same people first culture and strong customer focus. Sartek represents a

Polygon acquires BM Fuktteknik AB in Sweden

1[st] of November 2021, Polygon Sweden AB acquired BM Fuktteknik AB. The company provides services within dehumidification as well as consultancy services in connection with water related damages, a perfect fit into the core of Swedish operations which are Water Damage Restoration and Temporary Climate Solutions services.BM Fuktteknik operates in Skåne, the third largest metropolitan area of Sweden and was founded by Mikael Wolf at the turn of the millennium. The company has a strong position in its local market, employees with long experience from the industry and great capacity in

Polygon raises the bar for water damage prevention measures

In the last five years Polygon has increased sales by 57%. The company has recently been acquired by AEA Investors LP and is embracing new opportunities to further increase its growth. Hiotlabs, a Polygon Group company, is at the forefront of innovation and has talent-recruited a new Chief Executive Officer (CEO) who will lead the company to the next level. This is the starting point for an exciting and more digitalised future for Polygon.Hiotlabs is has entered a phase of major growth. To strengthen itself, Hiotlabs has invested profoundly in a comprehensive exchange of skills. The goal is

Polygon completes early redemption of all 2018/2023 notes

THE INFORMATION IN THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, WITHIN OR TO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR REGULATIONS. SEE THE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.As previously announced, Polygon AB (publ) (the “Company” or “Polygon”) has resolved on a voluntary redemption in full of all outstanding senior secured fixed rate notes with ISIN SE0010830950 (

Polygon gives notice of conditional early redemption of all 2018/2023 notes

THE INFORMATION IN THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, WITHIN OR TO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR REGULATIONS. SEE THE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.As previously announced, funds advised by Triton Partners have signed an agreement to sell Polygon Holding AB to funds managed by AEA Investors LP (the “Transaction”). On account of the

Polygon strengthens its market position in Norway

Polygon Norway has acquired Rengjøringsbyrået AS Renas (“Renas”). The acquisition will add 41 professionals and annual sales of NOK 50 million.“Once again, we are making a successful acquisition in Norway. I would like to welcome the skilled new colleagues from Northern Norway to our growing family. Together we will make Polygon even better,” says Axel Gränitz, President and CEO of Polygon Group. “We are very happy to have reached an agreement with Renas. We have had a close partnership during the last 50 years, and Renas has always represented us very well in their region. By bringing

Polygon AB (publ) - Interim report 1 January - 30 June 2021

Continued strong growthSECOND QUARTER 2021 · Sales grew 22.1% to EUR 209.2 million, organic growth amounted to 11.2% and acquired growth contributed 10.3%. · Adjusted EBITA amounted to EUR 11.7 million, an increase of 22.7% compared to last year. · Operating profit amounted to EUR 9.2 million (8.4). · Polygon has closed the acquisition of Kaph Entreprenør (Norway) and Asbest Cleaning Servises (Belgium). January – June 2021 · Sales grew 15.2% to EUR 412.8 million, organic growth amounted to 6.5% and acquired growth contributed 8.5%. · Adjusted EBITA amounted to EUR

Polygon brings publishing of the Q2 report forward

Polygon will publish the Interim report for Q2, 2021 on Thursday August 5, 2021, at 10:00 CET.

AEA Investors acquires Polygon from Triton

Funds advised by Triton Partners (“Triton”) have signed an agreement to sell Polygon Holding AB (“Polygon”) to funds managed by AEA Investors LP (“AEA”). AEA, together with the management team, will acquire 100 percent ownership of Polygon. Closing of the transaction is subject to customary regulatory approvals and is expected to occur in Q4 2021.Since the carve out from Munters and acquisition by Triton in 2010, Polygon has executed on its strategy of preventing, controlling and mitigating the effects of water, fire and climate for its customers. Today, Polygon is a leading property damage

Triton Fund III to divest entire holding in Polygon

The majority owner of Polygon group, Triton Fund III, has signed an agreement to sell its investment in the Polygon group (the “Transaction”).The completion of the Transaction will trigger a change of control under the terms and conditions of the Swedish law governed EUR 250,000,000 senior secured fixed rate notes issued by Polygon AB (publ) (the “Company”), entitling the note holders to – following completion of the Transaction – request that all or some of the notes are repurchased at price per note of 101 per cent. of the nominal amount together with accrued but unpaid interest. As

Polygon acquires ACI-Groep in the Netherlands

Polygon strengthens its market position in the Netherlands with the acquisition of ACI-Groep (“ACI”). ACI is a property damage restoration company and the acquisition will add around 60 employees and revenues of around 7 MEUR.Polygon has signed an agreement to acquire ACI, one of the leading property damage restoration companies in the Netherlands. The combination will reinforce Polygon’s position as one of the market leaders on the Dutch market and expand the geographic presence in the Middle part of the Netherlands. “The acquisition enables Polygon Netherlands to grow even further. ACI

Polygon acquires RHD Recycling-Hof Duisburg GmbH in Germany

POLYGONVATRO has signed an agreement to acquire RHD Recycling-Hof Duisburg GmbH (“RHD”) in Germany, focused on demolition and contaminated restoration. RHD has 40 employees and annual sales of around 16 MEUR.“The acquisition of RHD will not only expand the German service portfolio and meet our customer´s demand to be a full one stop shop provider. It also follows our European strategy to enter the fire and water damage demolition market. I´m happy to welcome RHD to our Polygon family”, says Axel Gränitz, President & CEO of Polygon Group. RHD was founded in 2011 and offer a wide range of

Polygon acquires TKL GmbH in Germany

POLYGONVATRO has signed an agreement to acquire TKL GmbH in Germany. TKL offers Temporary Climate Solutions for industrial customers and the acquisition will add a turnover of around 2 MEUR.“We continue to follow our strategic acquisition agenda with further acquisitions in Germany. I´m happy to welcome TKL to our Polygon family”, says Axel Gränitz, President & CEO of Polygon Group. TKL is specialized in the rental of equipment for climate conditioning, heating, dehumidification, air cleaning, insulation drying, ventilation and measuring technology since 1994. With their Temporary