• 2/2021: Sitowise acquired the entire share capital of a building services specialist VVS. VVS’ net sales amounted to EUR 3.6 million for the financial year ended 30 April 2020. [4]
  • 2/2021: Sitowise acquired the entire share capital of Sweetlakes Oy, a company specialized in cloud and mobile development as well as security information system solutions. Sweetlakes Oy’s net sales amounted to EUR 0.8 million for the financial year ended 31 December 2020.
  • 2/2021:  Sitowise acquired the entire shares of Benviroc Oy and MSDI Oy. The companies are specialized in climate and responsibility services. Their turnover was a total of EUR 0.7 million for the financial year ended 31 December 2020.
  • 12/2020: Sitowise acquired the entire share capital of Paloässät Oy, which is a design agency that specializes in fire engineering design providing specialist services for new and repair projects. Paloässät Oy’s net sales amounted to EUR 2.9 million for the financial year ended 31 December 2020.
  • 11/2020: Sitowise acquired the entire share capital of TFIP which strengthened Sitowise’s presence in Sweden. TFIP’s net sales amounted to EUR 6.6 million for the financial year ended 31 December 2020. [3]
  • 7/2020: Sitowise acquired the entire share capital of Ficonic Solutions Oy, which has expertise especially in mobility and transport infrastructure IT solutions. Ficonic Solutions Oy’s net sales amounted to EUR 1.6 million for the financial year 1 October 2019–31 December 2020. 
  • 12/2019: Sitowise acquired the entire share capital of Sähkösuunnittelu Elbox Oy, a company specialized in electrical wiring design. Sähkösuunnittelu Elbox Oy’s net sales amounted to EUR 1.3 million for the financial year ended 31 December 2018. 
  • 12/2019: Sitowise acquired Saircon Oy, which specializes in the design of hospital technology and institutional kitchens. Saircon Oy’s net sales amounted to EUR 0.8 million for the financial year ended 31 December 2018. 
  • 12/2019: Sitowise acquired the entire share capital of Karlsson & Segelström Construct AB and Segelström & Karlsson Bygg AB, which are structural design companies active in Örebro specializing in precast design. Karlsson & Segelström Construct AB’s net sales amounted to EUR 3.3 million and Segelström & Karlsson Bygg AB’s net sales amounted to EUR 1.0 million for the financial year ended 31 December 2018. [2]
  • 11/2019: Sitowise acquired Envimetria Oy, a consultancy specializing in environmental measurements and related expert services. Envimetria Oy’s net sales amounted to EUR 1.3 million for the financial year ended 31 August 2019. 
  • 6/2019: Sitowise acquired the business operations of design agency Oy PN-Line Ltd, which specializes in fuel station design and permit processes. Oy PN-Line Ltd’s net sales amounted to EUR 0.5 million for the financial year ended 31 December 2018. 
  • 5/2019: Sitowise acquired the entire share capital of BTB, which operated in Stockholm, Gothenburg and Uppsala. Sitowise gained 140 new structural engineers through the acquisition and expanded its operatons to Sweden. BTB’s net sales amounted to EUR 15.6 million for the financial year ended 31 December 2018. [1]
  • 3/2019: Sitowise acquired the entire share capital of United Engineers Ltd., a company specializing in electrical design. United Engineers Ltd.’s net sales amounted to EUR 2.3 million for the financial year ended 31 December 2018. 
  • 1/2019: Sitowise acquired the entire share capital of Insinööritoimisto LVI-Insinöörit Oy, a Kuopio-based engineering firm specialising in HVAC design. Insinööritoimisto LVI-Insinöörit Oy’s net sales amounted to EUR 1.4 million for the financial period between 1 July 2018 and 31 December 2019.
  • 12/2018: Sitowise acquired the entire share capital of Bridge-Expert Ltd, a company specializing in inspection operations, repair planning and quality assurance measurements for repairs of bridges and other engineering structures. Bridge-Expert Ltd’s net sales amounted to EUR 2.0 million for the financial year ended 31 December 2017. 
  • 11/2018: Sitowise acquired Geotek Oy’s design business. Sitowise held previously 45 percent of the shares in Geotek Oy, but as a result of the transaction, the shares were sold. 
  • 10/2018: Sitowise acquired the entire share capital of Kon-Ins Oy, an engineering firm specialized in road construction and water supply engineering. Kon-Ins Oy’s net sales amounted to EUR 0.8 million for the financial year ended 31 December 2017. 
  • 9/2018: Sitowise acquired the business operations of MA-arkkitehdit Oy, an architect company specialized in landscaping and land use planning. MA-arkkitehdit Oy’s net sales amounted to EUR 0.6 million for the financial year ended 31 March 2018. 
  • 9/2018: Sitowise acquired the business operations of Insinööritoimisto Jorma Väänänen Oy, a Tampere-based engineering firm offering construction contracting and supervisory services. Insinööritoimisto Jorma Väänänen Oy’s net sales amounted to EUR 1.1 million for the financial year ended 31 December 2017. 
  • 9/2018: Sitowise increased its shareholding from 25 percent to 55 percent in DWG AS, a Latvia-based company offering structural engineering services. DWG AS’ net sales amounted to EUR 1.6 million for the financial year ended 31 December 2017. 
  • 6/2018: Sitowise acquired the entire share capital of HS-Tec Oy, a Tampere-based company providing house-building services. HS-Tec Oy’s net sales amounted to EUR 1.0 million for the financial year ended 31 May 2018. 
  • 2/2018: Sitowise acquired the entire share capital of Dimenteq Oy, which is a GIS and spatial data featured information system services specialist. Dimenteq Oy’s net sales amounted to EUR 3.2 million for the financial year ended 31 December 2017. 

 

  1. Converted from SEK to EUR using 2018 average EUR/SEK exchange rate.
  2. Converted from SEK to EUR using 2018 average EUR/SEK exchange rate.
  3. Converted from SEK to EUR using 2020 average EUR/SEK exchange rate .
  4. Converted from SEK to EUR using 2020 average EUR/SEK exchange rate.