Sweco €354 million acquisition of Grontmij

Overview:

• Sweco, a European engineering consultancy, has acquired Grontmij, a Dutch engineering consultancy, in a transaction worth €354 million.
• The new entity is expected to have about 14,500 employees and be situated in 15 European countries. 
• ING and Kempen & Co acted as financial advisers to Grontmij.
• ABN AMRO and Nordea Bank acted as financial advisers to Sweco.  

Rani Mehta - Journalist