Wall to Wall Group acquires Västsvenska Spol och Sug – strengthens flushing services in western Sweden
21 juli, 11:30
Wall to Wall Group AB (publ) ("Wall to Wall") has, through its wholly owned subsidiary GG Väst AB, signed an agreement to acquire the assets of Västsvenska Spol och Sug AB ("Västsvenska"). The acquisition strengthens Wall to Wall’s offering and presence in flushing services in western Sweden.
Västsvenska provides emergency and preventive flushing and suction services for sewage systems. Its customers primarily consist of property owners, housing associations, and commercial property managers.
The acquired business has an annual net sales of approximately SEK 10 million. The purchase price will be paid in cash.
"We are pleased to welcome Västsvenska to Wall to Wall Group. The company is well established in the region and strengthens our position in flushing services in western Sweden," says André Strömgren, CEO of Wall to Wall Group.
"Becoming part of Wall to Wall is a natural next step. We share a common vision for the continued development of the business and look forward to offering even better solutions to our customers together," says Mikael Hansson, CEO of Västsvenska.
Contacts
André Strömgren, CEO & CFO
+46 708 410 796
andre.stromgren@walltowallgroup.com
About Wall to Wall Group AB
Wall to Wall Group is primairly active within property related pipe flushing and relining. Wall to Wall’s customers mainly consist of commercial property managers and housing cooperatives. Wall to Wall Group has a clear growth strategy with a focus on both acquisitions and organic growth, including through greenfieldings in new locations. The head office is located in Stockholm.
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Wall to Wall Group acquires Västsvenska Spol och Sug – strengthens flushing services in western Sweden
21 juli, 11:30
Wall to Wall Group AB (publ) ("Wall to Wall") has, through its wholly owned subsidiary GG Väst AB, signed an agreement to acquire the assets of Västsvenska Spol och Sug AB ("Västsvenska"). The acquisition strengthens Wall to Wall’s offering and presence in flushing services in western Sweden.
Västsvenska provides emergency and preventive flushing and suction services for sewage systems. Its customers primarily consist of property owners, housing associations, and commercial property managers.
The acquired business has an annual net sales of approximately SEK 10 million. The purchase price will be paid in cash.
"We are pleased to welcome Västsvenska to Wall to Wall Group. The company is well established in the region and strengthens our position in flushing services in western Sweden," says André Strömgren, CEO of Wall to Wall Group.
"Becoming part of Wall to Wall is a natural next step. We share a common vision for the continued development of the business and look forward to offering even better solutions to our customers together," says Mikael Hansson, CEO of Västsvenska.
Contacts
André Strömgren, CEO & CFO
+46 708 410 796
andre.stromgren@walltowallgroup.com
About Wall to Wall Group AB
Wall to Wall Group is primairly active within property related pipe flushing and relining. Wall to Wall’s customers mainly consist of commercial property managers and housing cooperatives. Wall to Wall Group has a clear growth strategy with a focus on both acquisitions and organic growth, including through greenfieldings in new locations. The head office is located in Stockholm.
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