Sweco Approved to Acquire VK architects+engineers by Belgian Competition Authority

Sweco Approved to Acquire VK architects+engineers by Belgian Competition Authority

(IN BRIEF) Sweco, a European engineering and architecture consultancy, has received approval from the Belgian Competition Authority to acquire VK architects+engineers. The acquisition of VK architects+engineers adds approximately 600 architects and engineers to Sweco, mainly strengthening the company’s position in Belgium within healthcare, buildings, infrastructure, logistics facilities, and clean rooms. VK architects+engineers is primarily active in the Belgian market but also has a presence in the Netherlands, Luxembourg, the United Kingdom, and Vietnam. Sweco will also take over VK architects+engineers’ subsidiaries, including Infranea, DENC, One Simulations, Betic Ingénieurs-Conseils, EKOplan, Van Looy Group, and Exilab.

(PRESS RELEASE) STOCKHOLM, 21-Mar-2023 — /EuropaWire/ —  Sweco (STO: SWEC-B), a European engineering consultancy company, announces that it has received formal approval from the Belgian Competition Authority to acquire VK architects+engineers. The acquisition of VK architects+engineers, a multidisciplinary design firm specializing in healthcare, industry, and infrastructure, will be consolidated into Sweco from March 31st. The acquisition adds approximately 600 architects and engineers to Sweco, mainly strengthening the company’s position in Belgium within healthcare, buildings, infrastructure, logistics facilities, and clean rooms. VK architects+engineers is primarily active in the Belgian market but also has a presence in the Netherlands, Luxembourg, the United Kingdom, and Vietnam. The Group has a consolidated pro forma turnover of approximately EUR 70 million in 2022.

“I am happy that VK architects+engineers is now part of Sweco and we can start the integration. We have identified so much joint potential for the benefit of our clients, which we are looking forward to realising. This will improve the value proposition that Sweco can offer,” says Åsa Bergman, President and CEO of Sweco.

As part of the acquisition, Sweco will take over all shares in VK architects+engineers’ subsidiaries, including Infranea, a design firm specializing in 3D design, BIM services, and VR simulations, and DENC, an architecture and engineering firm specializing in logistics, industrial, and commercial real estate. Sweco will also acquire engineering firm One Simulations, Betic Ingénieurs-Conseils, and EKOplan, as well as the Belgian firms Van Looy Group and Exilab. The acquisition of VK architects+engineers and its subsidiaries further strengthens Sweco’s position in the market and broadens the company’s expertise in architecture and engineering.

Press contact:
Laura Taeymans, Communication Manager, Sweco Belgium, +32 475 78 21 18,
l.taeymans@swecobelgium.be
Cecilia Strömmar, Head of Press, Sweco Group, +46 72 3939 903, cecilia.strommar@sweco.se

Sweco plans and designs the sustainable communities and cities of the future. Together with our clients and the collective knowledge of our 20,000 architects, engineers and other experts, we cocreate solutions to address urbanisation, capture the power of digitalisation, and make our societies more sustainable. Sweco is Europe’s leading engineering and architecture consultancy, with sales of approximately SEK 24 billion (EUR 2.2 billion). The company is listed on Nasdaq Stockholm. www.swecogroup.com

SOURCE: Sweco AB