Rejlers strengthens energy sector offerings with acquisition of HydroTerra Engineers
2021-03-15
Rejlers has acquired the consulting company HydroTerra Ingenjörer AB, which specialises in technical solutions for hydropower. The acquisition is part of Rejlers’ growth strategy and means that the company is further broadening its offerings in the energy sector. HydroTerra is based in Karlstad in Sweden, and through the acquisition Rejlers is gaining eight new employees with cutting-edge expertise in hydropower construction and civil engineering works.
Since the company was founded 25 years ago, HydroTerra has grown into a recognised, competent and established player. The company offers technical services in hydropower engineering, construction and dam safety. Its primary customers are Sweden’s large and medium-sized power companies.
“The acquisition of HydroTerra gives Rejlers an excellent platform for growth in the hydropower segment. We want to continue to cultivate our already good relationships and further develop HydroTerra’s current business in terms of both competence and geography,” says Sara Kimell, Head of the Energy Division at Rejlers Sweden.
“We have a long-standing collaboration with Rejlers and look forward to becoming part of the company and its innovative and learning-focused corporate culture. The merger enables us to further develop our business, at the same time as we grow by gaining new skills and new employees,” says Finn Midböe at HydroTerra Ingenjörer AB.
The takeover of HydroTerra Ingenjörer AB will take place on 1 April 2021.
For further information, please contact:
Sara Kimell, Head of the Energy Division, Rejlers Sweden, +46 (0)70 144 38 99 sara.kimell@rejlers.se
Malin Sparf Rydberg, Director of Communications, +46 (0)70 477 17 00, malin.rydberg@rejlers.se
About Rejlers
Rejlers is one of the leading engineering consultancy firms in the Nordic region. With our vision “Home of the learning minds” as a beacon, we create a platform for continuous learning, development and growth. Increased learning that creates added value for both customers and employees. We have 2400 dedicated experts with cutting-edge expertise in technology areas such as energy, industry, infrastructure and real estate. We are close to our customers and are represented in Sweden, Finland, Norway and the United Arab Emirates. In 2020, the company had a turnover of 2.6 billion SEK and its class B share is listed on Nasdaq Stockholm. www.rejlers.com
