Sustainable Energy Solutions Sweden (SENS) has acquired 100% percent of Wessman Group. The total purchase price can amount to a maximum of approximately SEK 18.9m corresponding to an EV/EBITDA of 5.5x. Wessman Group operates in the fields of hammer drilling and water wells. Wessman reported a turnover of SEK 33.6m with EBIT of SEK 3m in 2017.
