Vestum Acquires Lakers from Summa Equity for ~SEK 2bn

Lakers Group Acquires Pump Supplies Ltd to Enter UK Market

March 1, 2021

Industrial Services

Lakers Group, a Nordic water pump service group backed by Summa Equity, has acquired UK-based Pump Supplies Ltd to establish a UK platform and expand into Northern Europe. The acquisition strengthens Lakers' presence with four depots and an invested fleet, bringing the group's pro forma revenue to about NOK 900 million.

Lakers Group Acquires Four Nordic Pump Service Companies

March 22, 2019

Industrial Services

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.

Lakers Group AB (publ) Acquires Norsk Pumpeservice AS

June 30, 2021

Industrial Services

Lakers Group AB (publ) has signed a share purchase agreement to acquire Norsk Pumpeservice AS, a Norwegian aftermarket service and consumables provider for water and foundation drilling markets. The acquisition (expected to close in August) strengthens Lakers’ Norwegian platform and expands its product and service offering; the transaction was partly financed via a NOK 200 million tap of Lakers’ existing senior secured sustainability-linked bond.

Summa Equity Acquires Majority Stake in Bollegraaf Group

September 17, 2024

Manufacturing

Stockholm-based impact investor Summa Equity has acquired a majority stake in Netherlands-headquartered Bollegraaf Group, a global provider of turnkey recycling and waste‑sorting solutions. Summa is investing from its EUR 2.3 billion Fund III to accelerate Bollegraaf’s growth, expand innovation in mechanical recycling technologies and drive the transition to a circular economy; the seller is Capital A Investment Partners and the deal is expected to close following regulatory approvals in October 2024.

Summa Equity (via NG Group) Acquires Fortum Recycling & Waste from Fortum

December 2, 2024

Environmental Services

Summa Equity, through its portfolio company NG Group, has completed the acquisition of Fortum Recycling & Waste from Fortum Corporation for approximately EUR 800 million on a debt- and cash-free basis. The deal combines Fortum's recycling and waste business (≈900 employees) with NG Group to create a Nordic circular-economy leader with combined revenues of about EUR 1.2 billion, ~3,500 employees and expanded hazardous-waste and recycling capabilities.

Summa Defence Acquires Uudenkaupungin Työvene Oy

November 18, 2024

Aerospace & Defense

Finnish defense and security technology group Summa Defence Ltd has acquired all shares of shipbuilder Uudenkaupungin Työvene Oy via a share exchange. The sellers — Juha Granqvist, Janne Kosomaa and Baltic Workboats AS — become shareholders in Summa Defence; Uudenkaupungin Työvene reported ~EUR 17 million revenue in 2023 and employs about 70 people.