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Press release

Press release

ÅF-Group acquires an IT company in southern Sweden

ÅF-Energikonsult Syd, a member of the ÅF-Group, has acquired Cresita AB in Helsingborg, Sweden. The company has some 60 employees.

Cresita AB, founded 20 years ago, offers high-technology consulting services of which a large number are in the field of information technology. Today Leif Bosson is managing director and the company has an annual turnover of approx. SEK 50 million. Cresita AB holds a very strong market position in the nuclear power industry, but also has clients in the chemical, engineering and pharmaceutical industries as well as the energy sector.

Mats Lundström, Managing Director of ÅF-Energikonsult Syd, states that this acquisition involving Cresita's added competence and client list will give the ÅF-Group a major boost in market share with respect to highly qualified consulting services in the nuclear power and process industries. The number of ÅF-Group consultants in southern Sweden will increase by 30 percent. At the same time, Cresita's clients will gain access to ÅF-Group resources and 2,300 ÅF employees in Europe.

Cresita has spearhead competence in the fields of project management, computer calculation (FEM calculations, calculations according to a set standard, flow calculations/CFD analyses) and also design engineering (pipes, pressure vessels, heat exchangers). Projects are also carried out in the fields of simulation, robotics and virtual reality.

With this acquisition, ÅF-Cresita AB becomes a subsidiary of ÅF-Energikonsult Syd. Leif Bosson will remain as the company's managing director.

Corporate Information

For more information <br>Mats Lundström, Managing Director, ÅF-Energikonsult Syd <br>Tel. +46 - (0)70 - 681 43 36 <br>Kaj Sandart, Director, Corporate Information, ÅF-Group <br>Tel. +46 - (0)8 - 657 11 85 <br> <br>