The Ratos company NVBS acquires TKBM Entreprenad AB
NVBS, which is a fast-growing player in maintenance, upgrades and construction of critical railway infrastructure, has acquired the civil engineering company TKBM Entreprenad AB. TKBM has its operations in and around Stockholm and the acquisition marks a further advance for NVBS’s growth journey.
TKBM is a strong company in cable and trunking installations and is expected to have sales of some SEK 65m with an EBITA of SEK 5m in 2022.
NVBS, which is active in Sweden, Norway and Finland, has in the last few years undergone a number of changes focused on growth and development and has a clear acquisition agenda.
“Ratos acquired NVBS because we see that upgrades of critical infrastructure is an attractive and growing niche with considerable potential. NVBS’s acquisition of TKBM is proof that NVBS has excellent prerequisites in place for continued organic and acquisition-driven expansion, something we already witnessed in conjunction with the acquisition earlier this year,” says Christian Johansson Gebauer, Chairman of the Board of NVBS and President Business Area Construction & Services of Ratos.
“I am delighted that this acquisition will provide our customers with a strong partner with experience and a sharp groundworks offering in and around Stockholm,” says David Skalin, President and CEO of NVBS.
For further information and media please contact:
Josefine Uppling, VP Communication, Ratos, +46 76 114 54 21
Ratos is a business group consisting of 14 companies divided into three business areas: Construction & Services, Consumer and Industry. In total 2021, the companies have approximately SEK 25 billion in net sales. Our business concept is to own and develop companies that are or can become market leaders. We have a distinct corporate culture and strategy – everything we do is based on our core values: Simplicity, Speed in execution and It’s All About People. We enable independent companies to excel by being part of something larger. People, leadership, culture and values are key focus areas.