Nimlas buys three HVAC firms as it targets €800M in revenue

What's the deal? Building technology group NimlasDealroom has a profile for this one. Try Dealroom → — formerly Quattro Mikenti GroupDealroom has a profile for this one. Try Dealroom → — has acquired three plumbing and HVAC companies in eastern Finland. The deal value was undisclosed.

Why now? The acquisitions, announced in September 2026, support Nimlas's growth target of €800 million in revenue.

What's the endgame? Nimlas is consolidating regional HVAC operators to build scale across Finland. The targets are based in Kitee and Tohmajärvi, extending its footprint in the eastern part of the country.

The signal: Building technology remains a fragmented market, and larger players are buying up local specialists to hit ambitious growth goals.

Read more: tekniikkatalous.fi

Image credit: Phyxter Home Services