Linotol Group has acquired NVB Nordisk Vattenbilning to strengthen its market presence in concrete cutting services, particularly in high-pressure water jetting, while enhancing synergies and growth opportunities.
Information on the Target
NVB Nordisk Vattenbilning AB ("NVB") is a prominent player in the concrete cutting industry, specializing in high-pressure water jetting on the Swedish market. The company provides expert water jetting services tailored for demanding renovation and construction projects. NVB has established a robust position in the industry, attributed to its technical expertise, modern machinery, and a strong commitment to safety and sustainability. Currently, NVB generates an annual revenue of approximately SEK 50 million, showcasing a solid profitability record.
Industry Overview in Sweden
The Swedish construction industry plays a crucial role in the nation's economy, marked by a growing demand for innovative and sustainable services. With increased emphasis on environmental considerations, the need for specialized techniques like high-pressure water jetting has surged. This method, known for minimizing dust and vibrations, is particularly valued in urban areas where traditional cutting methods pose risks to surrounding infrastructures.
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Moreover, Sweden's focus on sustainability has led to advancements in civil engineering practices. As authorities mandate greener building solutions, companies offering service
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Disclosed details
Revenue: $5M