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    BRAV   SE0007491303


Delayed Nasdaq Stockholm  -  11:29 2022-07-05 am EDT
91.40 SEK   -0.65%
07/01Invitation to presentation of Bravida's report for the second quarter 2022
06/30Sweden's Bravida to Purchase Electrical Systems Company JZ Elteknik
06/30Bravida expands its electrical systems business and strengthens its position in the Umeå area by acquiring JZ Elteknik AB
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Bravida acquires Karlstads Processr÷r AB and strengthens its position in pipe installations

05/05/2022 | 04:01am EDT

Bravida is acquiring the company Karlstads Processrör AB and thereby strengthening its position in pipe installations for industry customers in Karlstad and the surrounding area. The company has 35 employees and generates annual sales of around SEK 65 million.

Karlstads Processrör AB has many years of experience in the process industry and carries out assignments throughout Sweden. The company develops customer-specific solutions with a focus on pipe assembly and installation in the process and energy industries.  

"Karlstads Processrör AB is a well-managed company that has been around for many years and has a solid customer base. We are thus now acquiring a well-established specialised business in Karlstad and the surrounding area that we have not had before. I am convinced that this will also have a positive impact on our other business activities in the region," comments Stellan Lindqvist, Regional Manager for the Vänern region at Bravida

The current owners of Karlstads Processrör AB are Per Djurholm, Fredrik Roxström and Mikael Nyberg, all of whom will be joining Bravida. Per Djurholm will have the role of Branch Manager and he comments:

"Bravida is the right match for us because we share the same values and corporate philosophy. As a result of the acquisition, we will become part of a larger organisation with a broader range of services. Our focus will continue to be in the industrial sector and on professional pipe welding. We look forward to becoming part of Bravida." 

Karlstads Processrör AB and Bravida are currently located in different places in Karlstad, but are planning to move into shared premises in the future. 

Bravida will take over as the new owner on 1 June 2022.

For further information, please contact: 
Liselotte Stray
Head of Group Communications
+46 (0)76 852 38 11

Good properties make a difference - that's why Bravida exists. As the Nordic region's leading supplier of end-to-end technical solutions in service and installation, we help our customers create effective and sustainable properties. 

Bravida's long-term goal is to be carbon-neutral throughout the value chain by 2045. We have 12,000 employees and a presence in over 170 locations in Sweden, Norway, Denmark and Finland. Bravida's shares are listed on Nasdaq Stockholm. www.bravida.se




(c) 2022 Cision. All rights reserved., source Press Releases - English

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06/30Sweden's Bravida to Purchase Electrical Systems Company JZ Elteknik
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06/08Bravida Buys Swedish Electrical Services Group Electrosec
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Sales 2022 24 225 M 2 299 M 2 299 M
Net income 2022 1 198 M 114 M 114 M
Net Debt 2022 626 M 59,4 M 59,4 M
P/E ratio 2022 15,6x
Yield 2022 3,44%
Capitalization 18 617 M 1 766 M 1 766 M
EV / Sales 2022 0,79x
EV / Sales 2023 0,73x
Nbr of Employees 12 000
Free-Float 98,3%
Duration : Period :
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Per Evert Mattias Johansson Group President & Chief Executive Officer
Asa Neving Chief Financial Officer
Knut Fredrik Jochum Arp Chairman
Magnus Hamerslag Head-Operations Development
Anders Staffan Pňhlsson Independent Director
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