Listed Netel Holding (NETEL) has signed an agreement to acquire 100 percent of the shares in Stockholm based JR Markteknik with its subsidiary Täby Maskin & Uthyrning.
JR Markteknik is a full service infrastructure focused ground and site preparation company and together with Täby Maskin & Uthyrning, which is a fast-growing heavy machine intermediation company, has an outstanding double digit EBITA margin.
With aggregated sales of approximately SEK 200M and EBITA of approximately SEK 23M JR and Täby marks an important addition to Netel Group in their aggressive expansion in this area.
”Thank you team Carlsquare for a great job – taking care of another sales process of our companies. Always at hand, always at our side and always with our best interests in mind. Looking forward to the next deal,” says Jonny Eriksson and Robert Olsson, founders of JR Markteknik and Täby Maskin & Uthyrning.
Carlsquare acted as financial adviser to the founders and sellers of JR Markteknik Jonny Eriksson and Robert Olsson.
