Market News / Press Release
The Market Quotes Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.
EQT VI acquires Anticimex GroupMonday, 02 April 2012
EQT VI acquires 100% of the Anticimex Group, Northern Europe’s leading provider of pest control, food safety and adjacent services, from Swedish listed private equity firm Ratos for an enterprise value of approximately SEK 2.7 billion
EQT VI will continue to develop Anticimex through further product and service expansion in Sweden as well as an accelerated internationalization
Anticimex was founded 1934 in Sweden and is today a leading Northern European service company providing safe and healthy indoor environments through inspections, guarantees and insurance. Services include pest assurance, hygiene assurance, dehumidification, fire protection as well as property transfer and energy surveys. The company has around 1,300 employees and operations in Sweden, Norway, Finland, Denmark, Germany and the Netherlands. Anticimex has enjoyed 77 years of uninterrupted growth and for 2011, sales amounted to close to SEK 2 billion.
The company serves around 2 million customers and has an exceptionally strong brand with a unique market position, a loyal customer base and a successful business model. Anticimex has its own distribution channels as well as franchise networks and partners such as insurance companies and real estate agents.
The transaction is subject to approval from the relevant authorities and is expected to be completed at the end of the second quarter.
Based on a press release
What do you think about this article and us? Please leave a comment!