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Eleda Gets New Ownership: Altor Sells Controlling Stake to Bain Capital, Companies Form Partnership for Future Expansion

By District Energy posted 12-13-2023 07:19

  

Bain Capital

Summary

 Bain Capital Private Equity (‘Bain Capital’), a leading global private investment firm, today announced it has agreed to acquire a controlling stake in Eleda, the Swedish infrastructure projects and services firm, from Altor who will retain a minority stake. Eleda’s founders, Johan Halvardsson and Peter Condrup, and management team will substantially reinvest in the company.

Headquartered in Stockholm, Eleda is a leading Nordic infrastructure development and services provider. The company is the market leader within several segments, many addressing the need of the green transition, including water and sewerage, power distribution, district heating, roads, data centres, railways, and electric vehicle charging stations. The firm’s decentralized operating model allows its companies to deliver the highest quality to their customers with the optimal mix of local presence and the resources of a larger organization.

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