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NIls Styf, CEO of Hemsö. Photo: Hemsö.
  • Hemsö receives SEK 1 billion in new equity

    PUBLICERAD 2019-01-18 AV sverrirthor
    UPPDATERAD: 2019-01-18 12:53

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    Hemsö has increased its equity by SEK 1 billion through shareholder contributions from its owners, AP3 and Sagax. The funds will be used to expand the company’s cooperation with the public sector, primarily through new projects together with the municipalities of Sweden but also in cooperation with private educational and healthcare companies.

    Over the next ten years, there is a projected need for 700 new senior living facilities and 700 new primary and secondary schools in Sweden. The municipalities face great challenges in providing the infrastructure required and the conditions for Hemsö to grow further are therefore beneficial, the company says in a statement.

    “Investments in social infrastructure are capital-intensive, which is why new capital from our owners will improve the possibilities to help Sweden’s municipalities provide new schools and nursing homes. We have a number of acquisitions and planned development projects that we will undertake in 2019, which is why we have discussed the company’s financing with our owners. The new capital will enable us to continue to grow while ensuring a stable capital structure,” says Nils Styf, CEO of Hemsö, in a comment.

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