Volvo Construction Equipment Completes Acquisition of Swecon (Including Entrack) for 7 Billion SEK

Syspro Acquires Evocon

January 20, 2026

Software

Syspro completed its acquisition of Evocon, an Estonia-based provider of real-time production monitoring and OEE (overall equipment effectiveness) solutions. The deal strengthens Syspro’s shopfloor capabilities by adding advanced data collection and performance analysis to improve asset utilization and operational efficiency for manufacturers worldwide.

Nordstjernan Invests in engcon (5% Stake) Ahead of Nasdaq Stockholm Listing

June 8, 2022

Manufacturing

Nordstjernan has committed approximately SEK 350 million to acquire a 5% stake in engcon in connection with engcon's listing on Nasdaq Stockholm. engcon is the world's leading manufacturer of tiltrotators, reporting revenues of SEK 1,571 million and an adjusted operating margin of 22.3% for the 12 months ended March 31, 2022; the investment is a long-term, strategic minority participation to support the company's listing and growth.

SMS Equipment Acquires Suomen Rakennuskone Oy

January 22, 2026

Industrial Services

Canadian heavy equipment dealer SMS Equipment has acquired Suomen Rakennuskone Oy, a Finland-based exclusive Komatsu dealer, marking SMS Equipment's first entry into the European market. Suomen Rakennuskone, headquartered in Pirkkala, provides sales, maintenance, parts, training and technical support to Finland's construction and mining sectors; financial terms were not disclosed.

Telko Oy Acquires Swed Handling Group

April 29, 2024

Industrial Services

Finnish distributor Telko Oy has agreed to acquire the entire share capital of Sweden-based Swed Handling AB, including subsidiaries Kebelco AB, Kemiverken AB, Swed Handling Transport AB and associated CrossChem Sweden AB. The acquisition (subject to competition authority approval) will significantly strengthen Telko's chemicals business and make Sweden its largest market; Swed Handling Group employs about 95 people and has annual turnover of roughly EUR 60 million.

IEWC Acquires Simcona Electronics (Rochester), Preserving Local Footprint

February 9, 2026

Industrial Services

Simcona Electronics Corp., a Rochester-based supplier and manufacturer of industrial electronic components and custom control solutions, has been acquired by IEWC, a Wisconsin-based global distributor and manufacturer of wire, cable and connectivity solutions. The deal preserves Simcona’s Rochester workforce and local leadership, with the business transitioning to an ESOP and Marc Iacona continuing as president of the local division.

Triton Combines Assemblin and Caverion to Form Assemblin Caverion Group

March 5, 2024

Engineering Services

Triton is combining its portfolio companies Assemblin and Caverion into the newly formed Assemblin Caverion Group, creating a leading Northern European technical service and installation business. The combined group will be incorporated in Sweden, operate across around ten countries, generate roughly EUR 3.8 billion (SEK 43.5 billion) in annual turnover and employ about 21,900 people; leadership will be drawn from both businesses with Assemblin CEO Mats Johansson as Group CEO.