Jemtel AB awarded the contract to supply electricity to the Estonian biathlon
The company, known from the Olympics and World Championships in Östersund, was hired for the Otepää World Cup.
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Local installation and energy optimization company group
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In short: Hjo Installation completed its first international acquisition and expanded rapidly through multiple Swedish deals.
The company, known from the Olympics and World Championships in Östersund, was hired for the Otepää World Cup.
The companies generated approximately 100 MSEK in revenue in 2025. The takeover on October 1, 2026, marks Hjo Installation's first international step outside Sweden.
The acquisition of the established electrical company with SEK 27 million in revenue and 12 employees strengthens Hjo Installation's presence in northern Sweden.
Nordic Capital is making a significant investment to accelerate Hjo Installation's growth and support the ambition to double the group's size; the transaction is expected to be completed during 2023.
Hjo Installation has acquired KS Automation in Hillerstorp, a company specialized in industrial automation. The acquisition is the fifth automation company to join Hjo Installation on...
Hjo Installation is based in Hjo, Sweden The deal is expected to be completed in third quarter of 2023 Nordic Capital is a private equity...
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