Nimlas Group reaches SEK 10 billion – now aims to double

– “Our growth strategy is clear, and our model is working. We are rapidly expanding across the Nordics while maintaining strong financial discipline and local entrepreneurship. With our updated strategy and solid funding in place, we are well-positioned to double in size in the coming years”, says Christoffer Järkeborn, CEO, Nimlas Group.

High demand for smarter installations
The Nordic installation sector is undergoing rapid transformation. In Sweden alone, around 14,000 commercial buildings will require energy renovation by 2030, and nearly 23,000 by 2033, according to Boverket (the Swedish National Board of Housing, Building and Planning). These figures exclude residential buildings suggesting the actual need is significantly greater.

As both businesses and households seek to lower energy consumption and operating costs, renovation and modern technical systems have become central to the energy transition and demand for high-quality installations continues to rise.

– “In today’s market, being local is not enough and being big is not enough. The winners are those who combine strong customer relationships with the ability to scale financing and procurement across markets. That is exactly what we do, the Nimlas Group makes our companies a better and an improved version” says Christoffer Järkeborn, CEO of Nimlas Group.

Recent growth highlights:

• In Sweden, Sandbäckens has strengthened its position as a multidisciplinary player in Stockholm through the acquisitions of Nordvalvet and Caeli.
• The group also enters the Northern part of Sweden acquiring two well known full-service companies in electrical, ventilation, HVAC and control systems in Luleå and Skellefteå.
• In Norway, Konstel becomes multidisciplinary through the acquisition of Teca Group, a platform company. Marking a strategic breakthrough in the Norwegian market with NOK 3 billion pro forma turnover.
• With these acquisitions, Nimlas adds more than SEK 1.1 billion in pro forma revenue and is now multidisciplinary in all three countries where it operates.

Backed by EUR 50 million in new financing
Earlier this month, Nimlas issued EUR 50 million in new senior secured notes to support continued expansion. This follows the successful bond issue in March 2025, where Nimlas raised EUR 325 million. The group now includes over 130 companies, employs more than 5,000 professionals, and is active in all major Nordic regions.