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AF Gruppen Acquires 70% of H.A. Bygg to Boost Infrastructure Capabilities in Sweden

WATER INFRASTRUCTURE & DESALINATION

AF Gruppen, via AF Bygg Syd AB, is acquiring a 70% stake in H.A. Bygg Entreprenad AB, a concrete contractor in Sweden. The deal, valued at up to MSEK 140, includes performance-based conditions linked to profitability targets through 2028.

H.A. Bygg will operate independently within AF Gruppen's Swedish operations, enhancing AF's expertise in water and wastewater treatment projects.

AF Gruppen Acquires 70% of H.A. Bygg to Boost Infrastructure Capabilities in Sweden
Feb 14, 2026, 4:39 PM

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