Sweco expands in Finland

Sweco expands in Finland

6 February 2017

Sweco is acquiring the business of Karves Yhtiöt Ltd and the total share capital of its subsidiaries Karves Suunnittelu Ltd and Karves Energia & Valvonta Ltd. These Finnish companies have more than 50 employees specialising in design and expert renovation services, as well as energy efficiency and life cycle services for housing companies. Sweco is thereby further strengthening its offering and presence in the Finnish market.

“The acquisition of Karves Companies is an exciting and logical step towards strengthening our position as the leading engineering and architecture consultancy in Finland in the field of building construction. Sweco offers its customers specialist expertise for every situation, and with Karves Companies we will be able to provide enhanced resources services in the field of building construction, particularly for housing companies. Together, we are creating a more comprehensive service portfolio that will benefit our customers and drive profitable growth,” says Tomas Carlsson, President and CEO of Sweco.

“We are very pleased that Karves Companies is becoming part of Sweco. Throughout the years, we have become a respected partner for building construction, renovation and energy efficiency, providing the skills and knowledge to benefit real estate owners and future generations. Thanks to Sweco’s size and complementary areas of expertise, we are now strengthening our offering and creating exciting opportunities for the future. We are also pleased to become part of an organisation with such strong roots in building construction and architecture,” says Kim Karves, Managing Director of Karves Companies.

“We look forward to welcoming Karves Companies and its employees to Sweco Finland. Sweco and Karves are an excellent fit with many complementary capabilities, particularly when it comes to housing company renovation services. Our new colleagues will benefit from a larger network and increased opportunities,” says Markku Varis, President of Sweco Finland.

For additional information, please contact:
Markku Varis, President, Sweco Finland, +358 400 478 548, markku.varis@sweco.fi

Kim Karves, Managing Director, Karves companies, +358 30 670 5410, kim.karves@karves.fi

Åsa Barsness, Communications Director, +46 8 695 66 40, asa.barsness@sweco.se

Sweco plans and designs tomorrow’s communities and cities. Our work produces sustainable buildings, efficient infrastructure and access to electricity and clean water. With 14,500 employees in Europe, we offer our customers the right expertise for every situation. We carry out projects in 70 countries annually throughout the world. Sweco is Europe’s leading engineering and architecture consultancy, with sales of approximately SEK 16.5 billion (EUR 1.7 billion). The company is listed on Nasdaq Stockholm.