Sitowise strengthens its electrical design expertise in Sweden with an acquisition
SITOWISE GROUP PLC INVESTOR NEWS 1 JUNE 2022
Sitowise strengthens its electrical design expertise in Sweden with an acquisition
E60 Elkonsult AB, located in Norrtälje, is a long-term expert organization in electrical design that employs 10 people. Sitowise has grown rapidly in Sweden over the past two years, and the latest acquisition complements the organization with strong expertise, a committed customer base and diverse projects.
Founded in 1997, E60 Elkonsult AB's core competencies are design and consulting, as well as research and inspection services. The company’s has a diverse reference range from apartments and office buildings to industrial buildings as well as public properties, such as schools, libraries, theaters and sports premises.
“I am very pleased that E60 joins the Sitowise family in Sweden and strengthens our team of experts with its electrical design and consulting expertise. E60 is known among customers as a reliable expert who has grown steadily in recent years due to its good reputation and successful projects. With exactly this kind of expertise, we want to grow Sitowise in Sweden”, says Jonas Larsson, Sitowise's Head of Swedish Operations.
The acquisition is Sitowise's seventh in Sweden. Currently, Sitowise employs a total of 300 experts in Sweden, and the company has continuously diversified its service offering in the market. Sitowise offers structural and geotechnical design and consulting, HVAC and electrical design, infrastructure design and digital solution services. In the spring of 2022, the Group launched the Sitowise brand in Sweden and the intention is to integrate the Swedish subsidiaries even stronger to be part of the Sitowise Group.
“The most important is that we are able to offer our experts development opportunities, and at the same time grow our comprehensive service platform to our customers. With this new phase, as part of Sitowise, we are able to develop our knowhow as part of a larger entity and offer our customers an even wider range of expertise”, says Per Leijon, founder of E60 Elkonsult AB.
In the transaction, Sitowise acquires the entire share capital of E60 Elkonsult AB. Per Leijon and other personnel will continue in their current positions.
For more information, please contact:
Jonas Larsson
Head of Swedish Operations, Sitowise
+46 703 3001 27
jonas.larsson@sitowise.com
Per Leijon
Founder, E60 Elkonsult AB
+46 705 8340 46
perleijon@e60.se
Sitowise is a Nordic specialist and digital expert in the built environment. We offer design and consulting services for smarter and more sustainable urban development as well as smooth transportation. We operate in three business areas in Finland and Sweden: real estate and buildings, infrastructure, and digital solutions. We want to raise the bar of being smart and sustainable, which is why our vision is to be the most responsible partner in developing a prosperous living environment. Sitowise has grown rapidly and profitably in the past years. The group’s net sales were EUR 179 million in 2021 and the company employs over 2,000 experts. Sitowise Group Plc is listed on Nasdaq Helsinki as SITOWS. www.sitowise.com
E60 Elkonsult AB has been operating since January 1998 and the company currently employs 10 experts. Company has a wide client range, and it provides services for example to real estate companies, property owners, electricity contractors, and municipalities. E60’s projects cover all sizes, from small villa to large and complex industrial premises, theaters, libraries, sports halls, office premises and more. www.e60.se