Hjo Installation acquires Umeå Elinstallation for regional growth
The acquisition of the established electrical company with SEK 27 million in revenue and 12 employees strengthens Hjo Installation's presence in northern Sweden.
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In short: Hjo Installation expanded its portfolio through several strategic acquisitions and secured a major 90 million SEK partnering agreement.
The acquisition of the established electrical company with SEK 27 million in revenue and 12 employees strengthens Hjo Installation's presence in northern Sweden.
The deal is worth approximately 90 MSEK and runs until 2030, involving sister companies Jemtek and JOHNSONS I ÅRE EL AB
The agreement with T3 for Region Jämtland Härjedalen is worth approximately 90 million kronor and runs from 2026 to 2030.
The acquisition was approved by ISP and took place on June 18, 2026.
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