Post by Nordic Capital
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Nordic Capital has signed an agreement to acquire Flowa, a leading provider of engineered water infrastructure solutions across the UK and the Nordics, from Vestum. Operating through a group of specialist subsidiaries, Flowa provides advanced solutions, monitoring technology and engineering services that help improve critical water and wastewater infrastructure. The company's products and services support more efficient use of water resources, prevent pollution and reduce climate impact. Andreas Näsvik commented: "Flowa plays a mission-critical role in keeping water and wastewater infrastructure running, preventing the kind of failures that cause environmental incidents and significant consequences for utilities and communities alike. The company has earned the trust of a broad range of blue-chip customers over many years through expertise, reliability and availability, with a track record that is not easily replicated. The significant investment cycle ahead creates strong structural demand for Flowa's services, and Nordic Capital looks forward to supporting the company's continued development together with the management team.” We look forward to partnering with Simon Göthberg and the Flowa team as they enter their next phase of growth. Read more here: https://lnkd.in/dBpV4xv6