Bravida has acquired the operations of Nordic Montage Team AB via a transfer of assets and liabilities deal, thereby strengthening its position for the installation and construction of industrial pipes. The company employs 9 people and generates an annual turnover of around SEK 12 million.
Nordic Montage Team AB was founded in 2016 and currently works with the installation and construction of industrial pipes. It is based in Söderhamn in Gävleborg, but operates throughout Sweden. The customer base consists of various industrial, water infrastructure and construction companies.
“Nordic Montage Team is a skilled company with a good reputation in the market and fits well with Bravida’s expansion of its industrial portfolio. We are strengthening the range of what we offer industrial customers by adding the experienced staff from Nordic Montage Team. It feels exciting and very good that they are now part of Bravida,” comments Daniel Ytterbom, Regional Manager for the Industry Region at Bravida.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
