Novedo is a growing European industrial group that acquires and develops profitable entrepreneur-led B2B companies in Industry, Infrastructure, and Installation & Services, with a focus on long-term value creation.
Novedo is a Swedish industrial group headquartered in Stockholm that acquires and develops outstanding entrepreneur-led B2B companies in niche segments. Founded in 2021, the company has since completed a large number of acquisitions with the goal of building a diversified group of profitable companies characterized by sound corporate cultures, established niche positions and proven business models. Novedo is organized into three business segments: Industry (industrial niche companies in manufacturing, trade and subcontracting), Infrastructure (specialist companies in areas such as rock relocation, earthworks, road and power infrastructure, and fiber and water) and Installation & Services (companies offering installation, service and maintenance primarily to commercial property owners and public housing). As of December 2025, the group reports net sales of approximately SEK 3.0 billion and employs around 1,400 people.
Novedo's business model is based on acquiring profitable companies with strong cash flows, an EBITA margin of at least 10 percent and a leading position in their respective niche market. A core element of the model is that acquired companies continue to be managed by their original entrepreneurs, who typically remain as CEO and become co-owners in the Novedo group. Novedo operates a decentralized model where subsidiaries retain their independence and corporate culture while gaining access to group-level resources in areas such as administration, finance and legal. In addition to platform acquisitions at the group level, complementary add-on acquisitions are made within existing subsidiaries to strengthen their geographic reach and service offering.
Novedo has maintained a high acquisition rate since its founding in 2021. Operations currently span Sweden, Denmark, Norway, Finland and Estonia, with an active acquisition agenda extending beyond existing markets, where Germany has been identified as a priority market. The group has grown from its initial acquisitions to pro forma net sales of approximately SEK 3 billion through a combination of platform and add-on acquisitions. Examples of acquired companies include businesses in ventilation services, electrical installation, roofing, facade renovation, suspended ceilings and acoustics, and signage production.
How it works in 6 simple steps:
How it works in 6 simple steps:
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