Sweco acquires the Norwegian consultancy Stema Rådgivning

The acquisition strengthens Sweco’s position in Norway, in project and construction management. 

Stema was founded in 2001 and consists of approximately 90 employees, as well as a larger number of associated consultants. The acquisition also includes the subsidiary Byggeråd. Combined, the companies generated NOK 177 million in sales in 2021.

“As Stema becomes part of Sweco, we will be able to provide even stronger support to our clients in the Norwegian market and support their transition to more sustainable operations. I would like to extend a warm welcome to our new Sweco colleagues,” says Åsa Bergman, President and CEO of Sweco.

“Stema is a respected company in project and construction management and has successfully completed many complex projects. Now that Stema is a part of Sweco, we are positioned to capture an even larger portion of the market,” says Grete Aspelund, President of Sweco Norway.

OBOS Prosjekt AS, a wholly owned subsidiary of OBOS BBL, owns 81.4% of Stema. The remaining shares are held by four Stema employees. 

“OBOS Prosjekt has owned Stema since 2015 and the company has developed well. As a result of changing strategic priorities at OBOS, we have been looking for a suitable new owner, which we have found in Sweco. This will mean exciting new projects and opportunities for Stema’s employees,” says Morten Aagenæs, Chairman of Stema Rådgivning and OBOS Prosjekt.

In 2021, Sweco Norway generated sales of SEK 2.6 billion and had 1,749 full-time employees.

For additional information, please contact:

Grete Aspelund, President of Sweco Norway, +47 4889 3935, grete.aspelund@sweco.no  

Peter Hagen, Communications Director, Sweco Norway, +47 9916 6270, peter.hagen@sweco.no

Johnny Nylund, Head of Press Sweco Group, +46 73 773 5189, johnny.nylund@sweco.se

Sweco plans and designs the sustainable communities and cities of the future. Together with our clients and the collective knowledge of our 18,000 architects, engineers and other specialists, 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 22 billion (EUR 2.1 billion). The company is listed on Nasdaq Stockholm. www.swecogroup.com.