The latest news and press releases from Ernströmgruppen are presented here.
Flow Technology has acquired 80% of the shares in Eveco Handel AB, a supplier of smart products and systems for cooling, heating, and air comfort for commercial premises. The company has a turnover of 120 MSEK.
Ernströmgruppen has acquired 75% of the shares in Tubman AB, which supplies niche and specialty products in the water and plumbing sector for the Nordic market. The company is a leading distributor of ductile iron pipe systems to the Swedish water and sewage market, with a turnover of 163 million in 2022 SEK, and will be part of the Water & Energy business area.
Ernströmgruppen has signed an agreement to acquire 100% of the shares in the installation and service company AirControl AB. The company, based in Borås, is an authorized Nibe partner. AirControl provides consulting, sales, installation, and service of air-to-air heat pumps as well as comfort cooling. AirControl, which has a turnover of 12 million SEK, 5…
Ernströmgruppen has acquired 70% of the shares in MCS Elektrotavler AS, a Norwegian manufacturer of encapsulated electrical technology with design and production facilities in three locations near Oslo. With a turnover of NOK 120 million in 2022, the company will now be part of the Electro Cluster within the New Platforms business area. Founded in 1998,…
Ernströmgruppen has signed an agreement to acquire Varmeteknikk AS, Norway's leading manufacturer of electric boilers. Varmeteknikk will be part of the Water & Heating business area. Varmeteknikk is a company with a notable history, founded over hundred years ago. Sales amounted to 58 mnok in 2022 are made both domestically and through export to several…