Assemblin buys Stockholm electrician BT El, adding US$8.46M in sales
What's the deal? Assemblin ElectricalDealroom has a profile for this one. Try Dealroom → has acquired BT El Per Blom ABDealroom has a profile for this one. Try Dealroom →, a Stockholm-based electrical installer, for an undisclosed sum. BT El brings roughly US$8.46M in annual sales and 28 employees.
What does BT El do? Founded in 1987 and based in Västberga, the company offers electrical installations, telecom and data networks, and the installation and service of fire and evacuation systems. It serves private and public clients across Greater Stockholm, mainly in healthcare, public transport, construction, real estate, and manufacturing.
Why now? The deal deepens AssemblinDealroom has a profile for this one. Try Dealroom →'s footprint in a market it calls strategically important. "The acquisition strengthens our presence in a strategically important market and broadens our offering in several areas where demand remains high," said Jonas Klarén, chief executive officer of Assemblin Electrical.
What's the endgame? Assemblin designs, installs, and maintains technical systems for air, water, and energy across some 100 locations in Sweden and Norway. Bolting on regional specialists like BT El extends its local reach and service range.
For the seller, the tie-up is framed as a growth move. "Becoming part of Assemblin is a natural next step for BT El," said Johanna Blom, chief executive officer and co-owner, pointing to Assemblin's resources and broad offering.
The signal: Assemblin is part of Assemblin Caverion GroupDealroom has a profile for this one. Try Dealroom →, the northern European installation and service provider formed in April 2024 and employing about 20,000 people across nine countries with revenue of US$5.08B. Small, local acquisitions like this one are how the group consolidates a fragmented installation market — one well-reputed regional firm at a time.
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