Ambea has acquired parts of AvAsta AB to enhance its presence in the elderly and social care sectors in Western Sweden.

Information on the Target

AvAsta AB, a privately-owned and highly regarded care conglomerate, operates within the Gothenburg region. The company specializes in elderly care and group housing services aimed at individuals with disabilities and psychosocial issues, adhering to the principles of LSS (Law on Support and Service for Persons with Certain Functional Impairments) and SoL (Social Services Act). The divested operations encompass over 150 care places, supported by a workforce of 130 employees, generating revenues of approximately SEK 144 million in 2024.

Industry Overview in Sweden

The elderly care sector in Sweden has experienced significant growth, driven by an aging population and increased demand for specialized services. With a focus on improving the quality of life for seniors, care providers are adopting innovative solutions to deliver personalized care practices. This industry is supported by strong legislative frameworks aimed at ensuring the well-being of vulnerable groups, including the elderly and those with disabilities.

The market is characterized by both private and public entities competing to provide high-quality care, which has led to increased investments in technology and infra