Mutares $MUX (-2.14%) has completed the acquisition of Serneke Sverige from Serneke Group $SRNKBs finalized

Mutares SE & Co. KGaA has completed the acquisition of Serneke Sverige AB from Serneke Group AB. The company will strengthen the Engineering & Technology segment as a new Swedish platform investment.

Serneke Sverige was founded in 2002 and is currently one of Sweden's leading general contractors with around 750 employees and annual sales of approximately €700 million, focusing on the construction of service and infrastructure properties, residential properties and commercial real estate. The company has over 200 active projects and offers its services throughout Sweden. Its customers are primarily public institutions, municipalities and large private companies.