The Ratos Group is placing the construction companies Hent in Norway and SSEA Group in Sweden under the new company Sentia, according to a press release.

The duo will operate as subsidiaries of Sentia. Their consolidation is described as creating better conditions for competence transfer and cooperation on larger and more complex projects in Norway and Sweden.

"Hent and SSEA Group already cooperate today and we have seen clear synergies, not least on the sales side. The consolidation is a natural next step to create an even stronger platform to drive growth with good profitability. Together they will make a greater impact on the Nordic construction market," says Jonas Wiström, CEO of Ratos.

Hent and SSEA Group had sales of NOK 9.5 billion and NOK 2 billion respectively in 2023.