Sitowise has completed 37 acquisitions since 1 January 2018. These acquisitions are presented below.
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9/2024: Sitowise acquired LandPro Oy, a specialist in land acquisition tasks for infrastructure projects, land acquisition tasks for solar and wind power projects, and environmental impact assessment and permit procedures for sea-area projects.
4/2024: Sitowise acquired the business operations of KM Project Oy, which provides technical services for transport fuel distributors.
01/2024: Sitowise acquired expert operations of Ahlman Group Oy, a provider of nature and environmental services. The company offers a wide range of nature surveys, especially for energy infrastructure projects.
11/2023: Sitowise acquired Positive Impact Finland Oy, an expert company offering environmental and sustainability solutions.
5/2023: Sitowise acquired Infrasuunnittelu Oy, a Finnish company providing civil engineering design, measurement, monitoring and construction expert services nationwide.
10/2022: Sitowise acquired the Swedish Convia Ingenjörsbyrå AB and Convia Infrastructure AB, whoprovide expertise within constructing consultant services focused on building construction and infrastructure.
6/2022: Sitowise acquired Bitcomp Oy, which offers digital services and SaaS solutions for the forest sector and natural resource operators. Bitcomp’s turnover exceeded EUR 5.6 million in 2021.
6/2022: Sitowise acquired the Swedish E60 Elkonsult AB, which offers consulting expertise in electrical design projects, such as electric planning, research and inspection services.
6/2022: Sitowise acquired Rakennuttajakaari Oy, a company providing construction related construction, supervision and planning services, which became part of the Building business area.
1/2022: Sitowise acquired the entire share capital of Mavacon AB, which offers comprehensive design and technical consulting services with core competencies in consulting, technical studies and design services for road, land, water, sewer, and urban runoff projects.
12/2021: Sitowise acquired the entire share capital of Insinööritoimisto Jorma Jääskeläinen Oy, who specialise in structural engineering and consulting.
12/2021: Sitowise acquired VRT Finland Oy's business, which covers 3D construction inspections and the processing and utilisation of 3D data for condition studies of structures below and above the surface of the water. The transaction was closed in January 2022.
11/2021: Sitowise acquired the entire share capital of Livair Oy, who provide planning and consulting services related to HPAC engineering.
7/2021: Sitowise acquired the entire share capital of the Swedish traffic and infrastructure IT company Infracontrol. Infracontrol's net sales amounted to EUR 6 million for the financial year that ended 31 December 2020.
6/2021: Sitowise acquired the entire share capital of digital real estate management specialist Enco Oy. Enco Oy's net sales amounted to EUR 1 million for the financial year ended 31 December 2020.
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.
Converted from SEK to EUR using 2018 average EUR/SEK exchange rate.
Converted from SEK to EUR using 2018 average EUR/SEK exchange rate.
Converted from SEK to EUR using 2020 average EUR/SEK exchange rate .
Converted from SEK to EUR using 2020 average EUR/SEK exchange rate.