Harju Elekter Group has acquired SEBAB AB and its subsidiary Grytek to enhance its presence in Sweden's electrical power market and diversify its service offerings.
Information on the Target
SEBAB AB, based in Malmö, Sweden, is a prominent engineering and marketing company specializing in electrical power and distribution solutions. With significant expertise in delivering turnkey projects across high, medium, and low-voltage segments, SEBAB is recognized as a major player in Scandinavia’s electrical power and infrastructure solutions market. In the fiscal year 2016, SEBAB reported a revenue of approximately 120 million SEK.
As part of its operational structure, SEBAB operates alongside its subsidiary Grytek AB. The company has established a strong presence in the region, providing essential services in sales, production, warehousing, and customer service for various clients in the electrical sector.
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Industry Overview in Sweden
Sweden’s electrical power industry is characterized by a mix of renewable energy sources and a robust infrastructure aimed at ensuring reliable energy distribution. The country has made significant strides in transitioning tow
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Harju Elekter
invested in
SEBAB AB
in 2017
in a Buyout deal
Disclosed details
Transaction Size: $4M
Revenue: $13M