Tracked deals
3
3 tracked deals across 2019-2024.
Sweden
Jernbro provides industrial maintenance and industrial services across Scandinavia, from daily service to major facility modifications and tailored projects that improve reliability and efficiency.
Tracked deals
3
3 tracked deals across 2019-2024.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
1 addon · 1 buyout · 1 divestiture
Last 3 years
Supporting Data
Jernbro, a Sweden-based industrial maintenance and projects provider backed by Bluewater, has agreed to acquire Veltec to expand its capabilities and reach across Scandinavia. Veltec brings more than 50 years of experience and over 300 skilled staff in Norway and Denmark; the combined business will operate from 35+ locations and about 1,300 employees.
Jernbro Industrial Services AB agreed to acquire all shares in GISAB (Gällivare Industriservice AB) from Axel Johnson International AB, with completion expected after approval by the Swedish Competition Authority. The deal strengthens Jernbro's local presence, capacity and service offering for industrial customers in Norrbotten—particularly in the steel and mining sectors.
Jernbro Industrial Services AB has agreed to acquire Veolia Environnement S.A.'s industrial maintenance business in Sweden, taking over operations in Kiruna, Avesta, Sandviken, Norrköping and Gothenburg effective 1 October 2019. The acquired business has over 300 employees and annual sales of about SEK 400 million; the deal increases Jernbro's turnover to SEK 1.4 billion and its headcount to roughly 950.
Turn tracked acquisition activity into an outreach-ready buyer list.