“We continue to strengthen our position in the growing markets of railway maintenance and power distribution services in the Nordics. All companies announced today are add-on acquisitions that complement existing operations with unique expertise in our Nordic markets. We are very pleased to welcome their management teams and employees to Eleda,” comments Ellinor Thiel, President and CEO of Eleda.

Sunaru (focused on power distribution) and LinjePartner (design, construction, and maintenance of power grids) will be integrated into Eleda’s platform company Craftor. Craftor is an electrical power contractor that designs, builds and maintains electrical networks – specializing in power plants up to 400 kV. Hurtigs Track Service (railway maintenance) will be part of the platform company Eleda Rail, which consolidates Eleda’s railway maintenance operations.

“The three acquired companies complement Craftor’s and Eleda Rail’s offerings with unique expertise and geographic reach. Our platform companies and the acquired businesses know each other well after a period of close dialogue, and we have found common ground in our growth vision and shared values around the importance of decentralization and entrepreneurship, in line with the Eleda model,” says Tobias Andersson, Head of M&A at Eleda.