Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Energy co. Sens acquires Wessman Group for SEK 18.9m
November 15, 2018

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.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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