Sweden-headed international engineering and architecture consultancy firm Sweco Group has announced that it has signed an agreement to acquire Fimpec Group, a Finnish company specialised in consulting, engineering, project- and construction management within the green transition of the energy and industry sectors.
Operating mainly in Finland, Fimpec is a project management, engineering, and consulting company with specialist expertise in renewable energy, hydrogen, bio- and circular economy, forest industry, and batteries and critical minerals. Its turnover in 2024 was close to EUR 51 million.
Subject to approval by the Finnish Competition and Consumer Authority (KKV), the transaction, the value of which has not been disclosed, on completion, will add around 400 experts to Sweco’s organisation.
It is with great excitement that we will welcome the specialists from Fimpec to Sweco. This important addition will strengthen Sweco’s position as an advisor in the ongoing energy and industry transitions. Together, we will support clients with expertise in complex investment projects in emerging and high‐growth sectors such as the battery value chain, critical minerals, renewable energy and industrial decarbonisation, said Thomas Hietto, Business Area President for Sweco in Finland.
Subject to KKV approval, Fimpec will be consolidated into Sweco. This acquisition aligns with Sweco’s acquisition strategy to grow the business by adding key skills that complement Sweco’s 22,000 experts, and it will expand the Group’s market position as Europe’s leading architecture and engineering consultancy.
