Litorina acquires SKT

SKT was founded in the late 1970’s. Since then, the company has shown strong organic growth and established a market leading position within pressure sewage systems and smaller pump stations in Sweden and through distributors also in Denmark, Norway and Finland. In 2011, the distributors in Norway and Finland were acquired, thereby creating a platform for further growth in the Nordic market.

“We are operating in a fast growing market where we have only just begun our expansion”, says Torbjörn Jansson, SKT’s CEO. “Through the acquisitions in Norway and Finland we are entering a new phase in our development, where we will develop SKT on a Nordic basis”.

“We have become owners in a well-run company with a market leading position in its niche in Sweden”, says Jörgen Ekberg, Partner at Litorina Capital Advisors AB, advisor to the fund Litorina IV. “Together with SKT’s management, we are highly committed to further developing SKT with a focus on growing the company’s operations in its existing markets.”

For further information, please contact:

Jörgen Ekberg, +46-8-545 181 80, Litorina Capital Advisors AB
Torbjörn Jansson, +46-8-544 407 94, CEO, Skandinavisk Kommunalteknik

Litorina, founded in 1998, is a private equity firm that focuses on acquiring and industrially developing primarily Swedish small to medium-sized companies together with their leading executives. Litorina offers broad and deep expertise both via its own organization and through its network of industrial advisors. Litorina Capital Advisors AB serves as an investment advisor for Litorina’s funds. Litorina is backed by a number of reputable institutions that have jointly invested approximately SEK 4.8 billion in Litorina’s four funds. For more information, please visit www.litorina.se.

SKT, founded in the late 1970’s, is a leading company in the market for pressure sewage systems in the Nordic market. The company offers products and services within pressure sewage, such as consulting, projecting, co-ordination and products and components for pressure sewage systems and adjacent areas. SKT is based in Sweden, with subsidiaries in Norway and Finland, and is active in Denmark through a partner. The company has revenues of some SEK 150 million. For further information, please visit www.kommunalteknik.se.