Sweden

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S. Property Group in Swedish Smart Community Collaboration

Serendipity’s property company, the Stockholm-based S. Property Group, has confirmed the involvement of smart infrastructure providers Vattenfall and Three Sweden, Samsung Electronics and ABB (via an existing partnership with Samsung) in a new smart urban environment it is developing in Stockholm’s commuter belt. The developer expects implementation of the Brobyholm project which will be located…

News

Savills IM Acquires Swedish Distribution Centre for European logistics fund

Savills Investment Management (Savills IM), the international real estate investment manager, has acquired a distribution centre in Rosersberg near Stockholm, Sweden in an off-market transaction on behalf of its flagship European logistics fund, for an undisclosed purchase price. The fund’s portfolio comprises a total of 28 logistics assets in six European countries, and is now…

News

CE Dealer Team Announces World-first Gender Equal World RX Line-up

For the first time in FIA World Rallycross Championship history, a gender equal full-season driver line-up will be represented on the 2022 grid by Construction Equipment Dealer Team. The talented duo of Klara Andersson and Niclas Grönholm will drive for the Swedish team in the world’s most exciting electric motorsport category – a team headed…

Blog

A Challenging Era for Parts Distribution

With boom facing global supply chain meltdown, few would want to head logistics at a global mining equipment company. Robert Van der Waal is one such exception, though. Recently appointed VP Logistics for the parts and services division of Sandvik Mining and Rock Solutions, Van der Waal delights in in explaining how getting parts where…

News

Savills IM Nordic Logistics Fund Sells Danish Portfolio

Savills Investment Management (Savills IM) has sold a logistics portfolio consisting of four assets in Kolding and Greve near Copenhagen, Denmark, on behalf of its Nordic Logistics Fund. Macquarie Asset Management acquired the portfolio on behalf of its European logistics real estate fund. The purchase price was not disclosed. The assets have a total lettable…

News

Bringing ERP to Vertical Storage Lifts

United Kingdom-based vertical storage lifts supplier Randex has introduced ERP integration with Compact-branded vertical lifts for popular enterprise systems from IBM, SAP, JDA, Red Prairie and Blue Yonder. Manufactured in Sweden by Weland Solutions and distributed exclusively in the UK by Randex, Compact vertical storage lifts save up to 90 per cent of floor space…

News

ASM Global Names Chris Bray as EVP Europe

02.12.2021, 18:04 ASM Global Names Chris Bray as EVP Europe Chris Bray has joined ASM Global from Sodexo UK&I as executive vice president of European operations. In his new role, Bray, who will be based in Manchester in the United Kingdom, will assume responsibility for all aspects of the global entertainment company and venue operator’s…

News

European Logistics Fund 3 Acquires Amsterdam Distribution Centre

24.08.2021, 11:31 European Logistics Fund 3 Acquires Amsterdam Distribution Centre Savills Investment Management (Savills IM) has acquired a newly completed distribution centre near Amsterdam, the Netherlands from VDG Real Estate for EUR 46.9 million on behalf of its European Logistics Fund 3.   ELF 3 is an open special alternative investment fund targeted at international…

News

Investment AB Spiltan Increases AktivBo Stake

16.06.2021, 09:11 Investment AB Spiltan Increases AktivBo Stake Investment AB Spiltan is investing a further €1 Million in AktivBo Group, the Swedish developer of a survey and analytics platform for the global real estate industry. The growth capital will be used to accelerate technology development and scale up the international expansion of the PropTech company,…

News

Back on Track

25.02.2021, 13:00 Back on Track Terminix has reported strong revenue growth for the fourth-quarter of 2020, and adjusted its Full-Year 2021 revenue forecast to between US $2,025 and US $2,050, in unaudited accounts released today. For the fourth quarter of 2020, the Company reported a revenue increase of four percent to $460 million. Net income…

News

ServiceMaster Enters European Pest Control Market

09.09.2019, 14:28 ServiceMaster Enters European Pest Control Market ServiceMaster has announced the $200 million acquisition of Nomor Holding AB, Europe’s fourth-largest pest control company with operations throughout Sweden and Norway. The acquisition which will be funded through $120 million in borrowing from the company’s revolving credit facility as well as cash from operations, is expected…

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