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Sweco AB ( ($SE:SWEC.B) ) has shared an update.
Sweco AB has announced its acquisition of Fimpec Group, a Finnish consulting and project management company specializing in the green transition of energy and industry sectors. This acquisition, pending approval by the Finnish Competition and Consumer Authority, will add around 400 experts to Sweco’s team, enhancing its capabilities in renewable energy, hydrogen, bio- and circular economy, and critical minerals. The move aligns with Sweco’s strategy to grow its business by integrating complementary skills and strengthens its position in emerging high-growth sectors, supporting complex investment projects in the battery value chain, critical minerals, and industrial decarbonization.
The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK167.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.
More about Sweco AB
Sweco is Europe’s leading architecture and engineering consultancy, focusing on sustainable community and city planning. With a team of 22,000 experts, the company facilitates the green transition, maximizes digitalization potential, and enhances community resilience. Sweco reported sales of approximately SEK 31 billion (EUR 2.7 billion) in 2024 and is listed on Nasdaq Stockholm.
Average Trading Volume: 232,595
Technical Sentiment Signal: Buy
Current Market Cap: SEK57.89B
See more insights into SWEC.B stock on TipRanks’ Stock Analysis page.