Priveq sells Sydtotal
Priveq Investment has sold its 57% stake in Swedish climate specialist Sydtotal AB to Imtech Nordic AB.
The value of the deal has not been disclosed.
Previous funding
Priveq acquired Sydtotal in 2007 and has since supported the company in growing to become a national provider of installation services for ventilation and climate control systems.
Company
Sydtotal is based in Malmö and specialises in energy technology, high-tech climate control solutions and HVAC (Heating, Ventilation & Air Conditioning). The company has 11 branches located across Sweden.
Founded in 2000, Sydtotal currently generates a turnover of approximately SEK 750m and employs 300 people.
People
Henrik Westfeldt managed the deal for Priveq Investment.
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