Vesivek issues a three-year SEK 300 million senior secured bond

The parent company of Vesivek Group, HLRE Holding Oy has successfully issued a new three-year senior secured bond in an amount of SEK 300 million. The market timing of the bond was favorable, and it was well-received by the investors. The diversified lender base comes from many geographies, among others, the Nordics, Czech Republic, Switzerland, and Spain.

Press release February 15 2021

Vesivek acquires Salaojakympit – the underground drain renovation specialist complements Vesivek’s roof renovation concept

Finland’s leading roof renovation and installation service provider Vesivek acquires Salaojakympit, the largest domestic provider of underground drain renovations to small residential houses. Following the merger, Vesivek Group is the largest roofing, gutter, roof security and subsurface drainage service provider in the Nordic countries, with net sales of €115 million and approximately 800 employees.

Press release Vesivek February 12 2021

Citec Group issues a 4-year SEK 290 million senior secured bond and aims to continue profitable growth

A new parent company of Citec Group issues a senior secured bond amounting to SEK 290 million. The group aims to continue profitable growth with medium-term target revenues of EUR 100 million and a minimum EBITDA margin of 10%.

Announcement Citec February 11 2021