Valedo has invested in Eltera Gruppen, a focused group of companies within electrical installation services in Norway

Valedo Partners III AB (”Valedo”) has by investing in eight businesses created Eltera Gruppen, a full-service provider of electrical installation services focusing on framework agreements, service and maintenance. The group operates through 16 branches, is on its way to establish a nation-wide presence throughout Norway and has revenues of around 1 billion NOK.

Founders, board members and employees have co-invested alongside Valedo in an equity participation program.

Terms and conditions of the transactions are not disclosed.

For further information on Eltera Gruppen, please contact:

Thorleif Haug, CEO
+47 90 20 53 90

About Eltera Gruppen:
Eltera Gruppen is a full-service provider of electrical installation services, consisting of local market leaders with a combined revenue of around 1 billion NOK. The group focuses on high-quality services and long-term customer relationships through service and framework agreements.

About Valedo:
Valedo is an independent Swedish investment company investing in high-quality small/mid cap companies in the Nordic region. Valedo is focusing on companies with clear growth and development potential where Valedo can actively contribute to and accelerate the companies’ development. Being an active owner and contributing with both capital and industrial experience, Valedo ensures that a company can achieve its full potential.

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