KvalitetsMark has been sold to Vestum

Gothenburg – Corporate Finance International (’CFI’) is pleased to announce that they acted as financial advisor to KvalitetsMark in connection with the change in leadership to Vestum.

KvalitetsMark performs both small and large works related to ground and concrete for infrastructure projects. The offering includes services in basic reinforcement, blasting, pipe pressing, pipe laying and fine planning. The business model is based on a flexible organization with low fixed costs, which enables a high growth rate at limited risk. Customers consist of well-established construction companies, smaller construction companies, private companies and municipalities. In FY 2021, KvalitetsMark generated sales of SEK 168.5m with an EBITDA of SEK 16.0m.

Vestum is a Swedish acquisition-driven company focused on acquiring and developing specialist companies within the construction services and infrastructure industries.

This transaction closed 28 January 2022.

Related

• https://www.vestum.se/en/ir/press-releases/vestum-acquires-specialist-company-in-infrastructure-with-sales-of-sek-168-5m-ebitda-of-sek-16-0m-and-ebita-of-sek-15-6m-f2d30ebc/