SSG strengthens its position in the Nordic region with a new acquisition in Sweden
30. May 2018
With effect from 1 June 2018, SSG A/S has purchased Corvara skadeservice and hereby becomes a nationwide provider of damage services in Sweden. Corvara has 8 offices in Sweden with 159 employees and a turnover of approx. SEK 165m. SSG Sverige will in the future consist of two brands, SSG Corvara and SSG Crendo.
SSG now employs approx. 350 employees in Sweden within property and damages services. There exist good synergies between the two business areas that complement each other well. With the acquisition, SSG has significantly strengthened its position in the Nordic region.
Sonny Nielsen, Group CEO of SSG says: “I am proud that we have succeeded with this acquisition. The private equity fund Accent, the former owner, could have sold to several parties but they chose SSG because they believe this is the best places for the employees and that SSG is known for delivering high quality and innovation within damage services. I look forward to meeting the Swedish customers and develop the Swedish damage service business to become a market leader, exactly as we are in Denmark and Norway”.