Bravida Holding AB: Bravida Strengthens Their Position in Copenhagen by Acquiring Vinther & Strøm A/S

Regulatory News:

Bravida Denmark (STO:BRAV) is acquiring the installation company Vinther & Strøm A/S in Rødovre. The company has 52 employees and a turnover equivalent to SEK 70 million.

Vinther & Strøm was founded in 1999 and deliver installations and service within electricity, telecom, data, control, fire and security. Their primary customers are building contractors, general contractors and industries.

– Vinther & Strøm is an attractive business with competent employees and good reputation in the industry. I am convinced that both Bravida’s and Vinther & Strøm’s customers will benefit from the acquisition since it strengthens the offer, says Søren Frahm, regional manager Bravida Denmark Region Øst.

Vinther & Strøm’s employees will become part of region Øst and will continue to deliver services to Vinther & Strøm’s current customers.

– Our ambition has always been to deliver professional solutions at competitive prices with the best service, both during and after installation. Our ambition remains even after we become a part of Bravida, says Lars Vinther, one of Vinther & Strøm’s founders.

Vinther & Strøm is Bravida Denmark’s third acquisition during the past six months. In December 2015 Delta3 Teknik A/S in Randers was acquired and in March 2016 was EnergiMidt’s electrical installations branch in Silkesborg acquired.

Bravida enters the ownership on 1 May 2016.

Bravida is a leading multi-technical service provider i the Nordics, with about 9,000 employees. Bravida delivers specialist services as well as complete electrical, heating and plumbing, and HVAC solutions, offering everything from design and project planning to installation, operation and maintenance. Bravida is represented in around 140 locations in Sweden, Norway, Denmark and Finland. www.bravidagroup.com/en/

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