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Nordic Climate Group strengthens its Swedish operations with Bromma Energi

ESG & Climate PolicyRenewable Energy TransitionM&A & RestructuringCompany Fundamentals

Nordic Climate Group’s Swedish unit Kylgruppen acquired heat-pump installer/service specialist Bromma Energi, expanding its footprint in the heat pump installation and service market. The deal is modestly positive for growth positioning within the renewables/energy-efficiency theme, but no financial figures were disclosed.

Analysis

Nordic Climate Group’s Swedish unit Kylgruppen acquired heat-pump installer/service specialist Bromma Energi, expanding its footprint in the heat pump installation and service market. The deal is modestly positive for growth positioning within the renewables/energy-efficiency theme, but no financial figures were disclosed.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

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