Kjeldsberg Eiendomsforvaltning has acquired a 34% stake in Tidx Förvaltning to expand its property management portfolio and enhance services in the Nordic market.

Information on the Target

Kjeldsberg Eiendomsforvaltning, a Norwegian property management firm, has acquired a 34% stake in Tidx Förvaltning, headquartered in Gothenburg, Sweden. This collaboration marks a significant step in expanding Kjeldsberg's portfolio in the property management sector across the Nordic region.

Established in 1999 and operating as a wholly-owned subsidiary of R.Kjeldsberg AS, Kjeldsberg Eiendomsforvaltning has positioned itself as a prominent manager of residential and commercial properties, focusing on comprehensive property management. With an annual revenue of approximately NOK 290 million in 2023 and a workforce of 115 employees, the company holds a strong market position.

Industry Overview in Sweden

The Swedish property management industry is characterized by a diverse portfolio of residential and commercial properties. Major cities, such as Gothenburg