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SWEDEN

SolTech Energy Sweden: acquires 100% of the electrical engineering company NEAB Gruppen

Sugar Mizzy October 1, 2021

The new President and CEO of NEAB Gruppen will be the current Chairman of the Board, Pelle Norberg. The company’s previous owner Johan Tankred and Tommy Björk will remain in leading positions in the company and are fully focused on developing the company for many years to come.

Soltech has an offensive growth strategy with acquisitions in the solar, roof, facade and electrical engineering industries. Together, these companies create synergy effects and build a strong group with cross-border expertise. The acquisition of the electrical engineering company NEAB Gruppen strengthens the Group’s presence, primarily in Östergötland and Skåne.

– We are now growing in the electrical engineering industry, which is completely in line with our acquisition strategy, as more solar energy plants require more electricians. The NEAB Group is a fast-growing company with over 105 competent employees. That this happens only a few weeks after our completed new issue shows that we are not only talking about rapid growth but also delivering it, says Stefan Ölander, CEO of Soltech Energy.

A company with a broad geographic market
The NEAB group was founded in 1987 and has since had a successful journey. The company specializes in electrical engineering and often performs contract work on schools, logistics properties, apartment buildings and other construction contracts. The company is currently represented in Skåne, Norrköping, Linköping, Finspång, Nyköping and Stockholm. The NEAB group now adds solar energy to its offering when joining Soltech Group.

– It feels fantastic that we are now part of Soltech. Our customers’ demand for solar energy is increasing daily and in order to be able to compete in the future, electrical engineering companies must possess solar energy expertise. Meeting that development and society’s increased electrification with a large solar energy group behind it will create great benefits for us and our customers, says Pelle Norberg, CEO, NEAB Group.

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