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Sweco acquires OJ Rådgivende Ingeniører

Sweco acquires OJ Rådgivende Ingeniører
Brian Thyregaard Andreasen (left), CEO of OJ Rådgivende Ingeniører, and Dariush Rezai, CEO of Sweco Denmark (photo courtesy Sweco).

Sweden-headed engineering and architectural consultancy Sweco Group has announced the acquisition of OJ Rådgivende Ingeniører A/S, one of Denmark’s leading engineering firms in the buildings market. With the acquisition, which subject to pending approval from local competition authorities, Sweco will almost double the size of its building business in Denmark and strengthen its position as a top engineering and architecture firm in the country.

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OJ Rådgivende Ingeniører has both public and private clients in Denmark in the sectors of residential, healthcare, social housing, industry, offices, and education and had a turnover of approximately DKK 247 million (≈ EUR 33.1 million) in the most recent financial year.

Sweco Denmark had a turnover of approximately DKK 1.5 billion (≈ EUR 201.3 million) in 2022 and currently has around 1 500 employees.

Sweco and OJ Rådgivende Ingeniører complement each other well, both in terms of expertise and corporate culture and in our vision to transform society in a sustainable direction together with our clients. OJ is a great match for Sweco and I am happy to extend a warm welcome to our new colleagues into our Danish organization, said Åsa Bergman, President and CEO of Sweco.

The acquisition of OJ Rådgivende Ingeniører the value of which has not been disclosed is in line with Sweco’s acquisition strategy to grow the business by adding key competencies that complement Sweco’s 21 000 experts.

By joining forces with OJ Rådgivende Ingeniører, Sweco will expand its local presence in Denmark and strengthen its offering to clients.

This marks Sweco’s ninth acquisition in 2023 and will expand the Group’s market position as the European leader in engineering and architecture consultancy.

The acquisition is expected to be completed in Q4, pending approval from local competition authorities.

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