Göran Karlsson, Jonas Hedlund, Lars Larsen( Sandbäckens), Rolf Danielsson, Ronnie Ketola.

Published 10 dec 2024

Nimlas-owned Sandbäckens Strengthens its Presence in Electrical Installations

Sandbäckens, part of Nimlas Group, has acquired Umia Stockholm AB from Umia Sweden AB. With a turnover of SEK 190 million (2023), this is Sandbäckens’ largest acquisition in 2024. Sandbäckens further solidifying its position in electrical and ventilation installations in the Stockholm region.

The acquisition is a strategic step in Sandbäckens’ long-term growth plan, 5-50-500, which targets SEK 5 billion in revenue, 50 new companies, and SEK 500 million in profit. The electrical segment is a key component of this growth, with the goal of achieving SEK 1 billion in revenue from electrical operations within the coming years.

– Sandbäckens’ growth journey continues, and Umia Stockholm is an important contribution to our progress towards 5-50-500. In just over a year, we have reached SEK 700 million in revenue from electrical operations. We are well on our way to becoming the next big success in the installation industry, says Christoffer Järkeborn, CEO of Sandbäckens and incoming CEO of Nimlas Group from January 1^st 2025.

– The acquisition of Umia Stockholm highlights Nimlas Group’s commitment to empowering our local companies to grow while leveraging the strengths of a Nordic platform. This is a significant step towards our goal of profitable growth across all markets, Järkeborn adds from his Nimlas Group perspective.

– After eight successful years, we see great potential in joining Sandbäckens. This collaboration opens opportunities to work with other companies within the group and further develop our business. We are excited to contribute to Sandbäckens’ growth, says Jonas Hedlund, MD of Umia Stockholm AB.

About Umia Stockholm AB

Founded in 2016 by Jonas Hedlund, Rolf Danielsson, Ronnie Ketola, and Göran Karlsson, Umia Stockholm AB has approximately 60 employees and reported a turnover of SEK 190 million in 2023. The company specializes in electrical installations, which account for 70% of its operations, and ventilation, which will be the focus moving forward. Opportunities to integrate the current heating and sanitation services with Sandbäckens will be evaluated over time.

Link to pressroom : https://news.cision.com/nimlas-group-ab