Mutares Acquires Serneke Sverige to Boost Nordic Presence

Mutares SE & Co. KGaA has completed its acquisition of Serneke Sverige from Serneke Group. This strategic move enhances Mutares' presence in the Nordic region and supports its growth objectives.

Serneke Sverige, with 2023 revenues of approximately EUR 700 million, is Sweden's fourth-largest general contractor. Specializing in service and infrastructure, residential, and commercial properties, it manages over 200 active projects nationwide.

Mutares aims to strengthen its Engineering & Technology segment with this acquisition. Serneke Sverige, founded in 2002, employs around 750 people. Its clientele includes public agencies, municipalities, and large corporations.