Nordic Capital acquires Flowa from Vestum
Nordic Capital has signed an agreement to acquire all shares in Flowa Technology AB (“Flowa”), a leading provider of engineered water infrastructure solutions in the UK and the Nordics, from Vestum AB (publ).
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 specialises in temporary pumping, monitoring and control technology, water treatment and pumping station services for owners and operators of water and wastewater infrastructure.
Completion of the transaction is subject to customary regulatory approvals.
Mannheimer Swartling advises Nordic Capital in connection with the transaction. The firm’s team consists primarily of Isabella Ramsay, Maria Holme, Oscar Jisland, Carolina Hannerstål, Lovisa Jönsson, Clara Görrel, Alexander Jansson, Agnes Jakobsson, Rozanna Sternad Fackel, Carl Kjellin, Julius Söderberg, Hanna Brandell, Moa Lindell Prytz, Tova Jangenfeldt, Olle Källström, Sebastian Norrby, Alfred Petersson and Holly Ödblom.