ÅF acquires Ingenjörsprojekt Sverige AB

For further information:

Per Magnusson, President, ÅF Industry Division, +46 70 676 64 26
Ola Boreson, Business Area Manager South, Industry Division, +46 70 525 25 27

ÅF has acquired Ingenjörsprojekt with over 60 employees in Karlshamn, Växjö and Lund. Ingenjörsprojekt provides engineering and consulting services in product and production development as well as industrial project management.

"Ingenjörsprojekt has a good reputation in the market and their dedicated employees and long-term client relationships fit well with ÅF's corporate culture. The acquisition of Ingenjörsprojekt will also strengthen ÅF's local presence in each city," says Per Magnusson, president of ÅF's Industry Division.

Ingenjörsprojekt was established in 1985 and has had stable and profitable growth since then. In addition to a wide range of services in project management, product development and production development, Ingenjörsprojekt provides its clients with an advanced range of visualisation and animation services. Ingenjörsprojekt's clients are found in areas such as the automotive, processing, telecommunications and consumer products industries.

"Together with ÅF, our employees will have better opportunities to develop in new interesting projects and assignments, and for our clients it will open the door to ÅF's entire range of services," says Joakim Hellkvist, CEO of Ingenjörsprojekt.

Ingenjörsprojekt was acquired as per 1 September 2016 and forms a new market area in the South business area within the Industry Division.

Corporate Communication
ÅF AB (publ)

ÅF is an engineering and consulting company with assignments in the energy, industrial and infrastructure sectors, creating progress for our clients since 1895. By connecting technologies, we provide profitable, innovative, and sustainable solutions to shape the future and improve people's lives. Building on our strong base in Europe, our business and clients are found all over the world.

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