Sweco acquires Finnish architecture company Linja Arkkitehdit
Sweco has signed an agreement to acquire Linja Arkkitehdit Oy, specialised in design of educational and business premises as well as residential buildings. With the acquisition Sweco becomes one of the largest architecture companies in Finland.
Linja Arkkitehdit Oy has approximately 60 architects located in Oulu, Helsinki and Jyväskylä. The company offers architectural services in the design of educational establishments, residential premises and business premises. The revenue of Linja Arkkitehdit during 2020 was EUR 5.3 million.
“This acquisition is fully in line with our history and strategy to be able to provide integrated architecture and technical consultancy services to our clients. I am pleased that we are strengthening our architectural offering in Finland,” says Åsa Bergman, President and CEO of Sweco.
“Sweco and Linja Arkkitehdit have already successfully cooperated in several projects over the years, and now we are able to deepen the cooperation even further. The acquisition strengthens our client relationships through our ability to offer them a broader set of services and expertise together,” says Markku Varis, President of Sweco Finland.
“I am very pleased that Linja Arkkitehdit has found a home to grow together with Sweco. Sweco’s expertise and position is highly recognised in the industry, and Sweco is already a familiar and reliable partner for us. We have had a successful cooperation in many projects and our services complement each other,” says Ville Niskasaari, CEO of Linja Arkkitehdit Oy.
Through the acquisition, Sweco will have 120 architects in the Finnish market, including those joining Sweco through the acquisition of Optiplan in January 2021. In total, Sweco Group has around 1,400 architects and landscape architects and is one of the world’s five largest architecture firms.
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Sweco plans and designs the sustainable communities and cities of the future. Together with our clients and the collective knowledge of our 17,500 architects, engineers and other specialists, we co-create 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 21 billion (EUR 2 billion). The company is listed on Nasdaq Stockholm. www.swecogroup.com.