M&A Activity • Jul 27, 2011
M&A Activity
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27 July 2011
Sweco has acquired the Lithuanian consulting engineering company Energetikos Linijos with about 30 employees. The company is one of the largest energy consulting firms in Lithuania offering a wide range of services, including design of CHP plants, district heating and biogas plants. The acquisition will strengthen SWECO's position in the energy sector in Lithuania.
The acquisition is the second in a short time in Central and Eastern Europe. Earlier in July Sweco signed an agreement to acquire the Slovakian water and environmental company Hydrocoop with 20 employees.
Sweco now has more than 6,000 employees, with more than 900 in Central and Eastern Europe.
For further information please contact:
Pär Hammarberg, President of Sweco Central & Eastern Europe, +46 734-12 73 91 [email protected]
Artūras Abromavičius, President of Sweco Lithuania, +370 (699) 21555 [email protected]
Sweco is an international consulting group with combined expertise in consulting engineering, environmental technology and architecture. Sweco has about 6,000 employees in 11 countries and recorded annual sales of approximately SEK 5.3 billion in 2010. The company has projects currently underway in some 80 countries worldwide. Sweco is listed on NASDAQ OMX Stockholm AB.
The information contained herein may be subject to the disclosure requirements in the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.
Phone +46 8 695 60 00 E-mail [email protected] www.swecogroup.com
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