Sandbäckens acquires LH Ventteknik
Sandbäckens further expands and acquires Gothenburg based LH Ventteknik
Sandbäckens continues to broaden its range of services within property technology solutions by acquiring the ventilation company, LH Ventteknik AB in Gothenburg.
On behalf of the sellers, Censor has acted as advisor and project manager in connection with the transaction.
Target
LH Ventteknik
The family company LH Ventteknik was founded in 1991 and specializes in innovative and energy-efficient ventilation projects in Gothenburg and surrounding areas. The turnover in 2021 amounted to approximately SEK 150 million and the company employs around 25 employees.
Buyer
Sandbäckens
Sandbäckens is one of Sweden’s leading suppliers in technical installation and property services. With focus on sustainable and energy-smart installations, the range of services include heating and sanitation, sprinklers, electricity, ventilation and comfort cooling. Today, Sandbäckens is established in around 50 locations in Sweden and has a total of 1 000 employees. The group is owned by the European private equity company KLAR Partners.