Prenumeration
On 21 January 2022, Eleda Infra Services Group (“Eleda”) acquired all shares in G Construct AB (“G Construct”). The company will report to Järfälla VA- & Byggentreprenad AB (“JVAB”), a platform company within Eleda. G Construct’s previous owners will continue in their respective operational roles, becoming partners in Eleda through the acquisition.
G Construct AB is a groundworks and civil engineering company based in Enköping, Sweden, specialising in the construction of industrial foundations, commissioned exclusively by repeat customers in the private sector. The company has 25 employees and annual sales of approximately SEK 250 million.
“With G Construct, Eleda and JVAB are expanding their geographical presence in the Mälardalen region, adding specialist expertise in combining concrete and groundworks. G Construct has both the right expertise and the relationships required to continue to grow its existing business. At the same time, the company is an excellent complement to JVAB, which will open the door to new, exciting business opportunities and synergies,” says Fredric Kastevik, CEO of JVAB.
“We have an impressive journey of growth behind us, and we look forward to continuing to grow and develop as part of the Eleda Group. I am convinced that our partnership with JVAB will generate immediate synergies.
Deciding to sell the company was not easy, but it feels right now that it is done. The opportunity for us, the former owners, to buy into the company and become partners in a larger group was a key element in this transaction, as was being able to continue operating the company in our own spirit,” says Henrik Andersson, CEO and co-founder of G Construct AB.