Construction consultancy Sitowise has signed an agreement to sell its entire Swedish subsidiary, Sitowise Sverige, to Sweco. The business, which provides engineering consultancy services in areas including structural engineering, building technology, and infrastructure, generated revenue of 26 million euros in 2025 and employed approximately 265 people, but was loss-making.
The parties have agreed on an enterprise value of approximately 3 million euros, plus a potential earn-out of up to 2 million euros linked to long-term lease commitments.
The transaction is expected to close during the third quarter of 2026 and is projected to improve Sitowise's profitability and cash flow. The company's Swedish digital business, Sitowise Digital Solutions, is not included in the sale.
Sitowise Group Oyj is a Finland-based Nordic specialist and digital expert in the built environment. The Company offers design and consulting services for smarter and more sustainable urban development as well as smooth transportation. Sitowise Group Oyj operates in three business areas in Finland and Sweden: Real Estate and Buildings, Infrastructure, and Digital Solutions. The Real Estate and Buildings business area offers building design, specialist, and consulting services for e.g., residential and commercial properties, as well as for the needs of the healthcare sector and industry; the Infrastructure business area covers a wide range of urban development needs in diverse areas, while the Digital Solutions business area focuses on digital solutions for mobility and the built environment as well as consultancy services that support these fields.
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