Electricity merger in Sweden approved
Friday 06 July 2012
The European Commission cleared under the simplified merger review procedure, on 6 July, the proposed acquisition by the US-based firm Bain Capital Investors of Scandinavian Installation Refi AB, based in Sweden. The latter is the holding company of the Scandinavian group Bravida, active in service work and installation in the electricity, ventilation, heating and plumbing sectors in Sweden, Denmark and Norway. Bravida also provides services in certain specialised areas, such as consultancy services and technical services management.