Lakers Group Acquires Four Nordic Pump Service Companies
March 22, 2019
Lakers Group, the Nordic independent water pump service platform backed by Summa Equity, has completed four add-on acquisitions: Öhbergs Pumpservice (Sweden), Elmotorservice Syd (Sweden), A & J Pump Service (Finland) and Elmodan (Denmark). The acquisitions expand Lakers' presence across all Nordic markets, increase pro-forma revenues to NOK 350 million, and strengthen its wastewater, dewatering and pump service capabilities.
- Buyers
- Lakers Group AB, Summa Equity Fund I
- Targets
- Öhbergs Pumpservice, Elmotorservice Syd, A & J Pump Service, Elmodan
- Platforms
- Lakers Group AB
- Industry
- Industrial Services
- Location
- Sweden
- Transaction Type
- Addon
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