Sweco acquires Medins and becomes market-leading aquatic environment consultant in Sweden
Today Sweco signed an agreement to acquire Medins Havs och Vattenkonsulter AB, which specialises in surveys of watercourses, lakes and seas. Expertise regarding aquatic environments is vital in the green transition and Sweco sees increasing demand from clients in both the private and public sector. This acquisition will make Sweco the leading aquatic environment consulting firm in Sweden, with close to 100 experts.
In Sweden, Sweco currently has some 60-odd consultants who advise on client projects in aquatic environments. Medins is one of the country’s leading specialists with cutting-edge expertise in surveying aquatic environments.
“Aquatic environment consulting is in growing demand, from private- and public-sector clients, for example in offshore wind power, ports, industry, mines, water and sewage treatment, and transportation infrastructure. We are now welcoming 35 new colleagues, whose expertise will become an important part of Sweco’s full-service offering and we look forward to working together to support clients within sustainable societal development,” says Ann-Louise Lökholm Klasson, President of Sweco Sweden.
“Sweco has a strong offering and with Medins’ deep expertise and long experience in aquatic environments, we’ll complement each other. Through a combination of breadth and specialties, we can offer a unique holistic perspective that creates opportunities for clients as well as employees,” says Olof Nilsson, CEO of Medins Havs och Vattenkonsulter.
Medins has an annual turnover of approximately SEK 36 million and has around 35 aquatic environment experts, of whom several are leading in their niche within Sweden. This is the Sweco Group’s tenth acquisition in 2023 and is in line with the acquisition strategy to grow the business by adding key competence that complements the Group’s 21,000 experts.
About Medins Havs och Vattenkonsulter AB
Medins was founded in 1988, with its head office in Mölnlycke. The company has cutting-edge expertise in marine biology (salt water) and limnology (freshwater) and conducts assignments across Sweden for private- and public-sector clients. Medins works with surveys of biology, sediment, marine archaeology, underwater sound, hydrography, underwater filming, sonar mapping, biological laboratory analyses and other inventories in watercourses, lakes and seas.
For further information, please contact:
Anna E Olsson, Head of Press, +46705573326, anna.e.olsson@sweco.se
Sweco plans and designs the sustainable communities and cities of the future. Together with our clients and the collective knowledge of our 21,000 architects, engineers and other experts, we co-create solutions to address urbanisation, capture the power of digitalisation, and make our societies more sustainable. Sweco is Europe’s leading engineering and architecture consultancy, with sales of approximately SEK 24 billion (EUR 2.2 billion) in 2022. The company is listed on Nasdaq Stockholm. www.swecogroup.com.
