Acquisitions in Västerbotten County, Sweden

The Specialist Group (TSG) has acquired the technical staffing business unit of Sweden's Umia Innovation and rebranded the acquired entity as Altio, which will operate under TSG's STAR label. The add-on expands TSG's presence in the Nordics—adding about 100 technical specialists—and bolsters its capabilities in energy-transition staffing across renewables, battery storage, hydrogen and related projects.

Bergs Timber AB has acquired all shares in Hedlunda Holding AB, a manufacturer of wooden furniture and components with production sites in Lycksele, Sweden and Skoczów, Poland. The acquisition (purchase price ~SEK 140 million for the shares; total purchase price SEK 225 million on a cash- and debt-free basis) expands Bergs's wood-processing capabilities and creates a new Furniture & Components product area; Hedlunda reported ~SEK 620 million in trailing twelve-month sales and employs about 400 people.

Renta Group Oy has acquired Lars & Erik Maskin AB (L&E Maskin), a regional equipment rental company with depots in Umeå, Lycksele and Sundsvall. The deal gives Renta a presence in northern Sweden, expands its nationwide depot network to 50 locations, and brings more than 30 employees and roughly SEK 100 million in annual revenue into the group.