Bravida’s acquisition of Finnish Halmesvaara completed

The Finnish competition authority has approved Bravida’s acquisition of
Halmesvaara Oy and access has been granted from today
Bravida signed the agreement to purchase Halmesvaara Oy in June. Halmesvaara
operates in the Helsinki area, has 110 employees and had a turnover of 210 MSEK
in 2014.

Through the acquisition of Peko Group in April, Bravida formed a new division in
Finland. Peko Group had circa 320 employees and a turnover of circa 620 MSEK in
2014. Halmesvaara is Bravida’s second acquisition in Finland which gives Bravida
a strong position in both southern and central Finland.

The integration process will start immediately and is expected to last at least
throughout this year.

For further information, please contact:
Mattias Johansson, CEO and Group President Bravida. Phone: +46 8 695 20 00
Staffan Påhlsson, Senior Vice President Bravida. Phone: +46 8 695 20 00
Marcus Karsten, CEO and Division Manager Bravida Finland. Phone +358 400 792 327
Bravida is the premier multitechnical service provider i the Nordics, with about
9,000 employees. Bravida delivers specialist services as well as complete
electrical, heating and plumbing, and HVAC solutions, offering everything from
design and project planning to installation, operation and maintenance. Bravida
is represented in around 160 locations in Sweden, Norway, Denmark and Finland.
www.bravida.com