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Coor completes acquisition of Veolia Technical Management

The 19th of July 2021, Coor announced that it had signed an agreement regarding the acquisition of the assets in the business area Veolia Technical Management, part of Veolia Sverige AB. The acquisition has been approved by the Competition Authority. The transaction has been completed as of 30 September 2021.

“The acquisition is a close fit with Coor’s Nordic growth strategy and further strengthens Coor’s offering and competencies in technical property services and maintenance,” commented AnnaCarin Grandin, CEO and President of Coor.

For more information, please contact:

Klas Elmberg

CFO and IR Director, Coor

+46 10 559 6580

klas.elmberg@coor.com

Magdalena Öhrn

Communications Director, Coor

+46 10 559 5519

magdalena.ohrn@coor.com

As the leading provider of facility management services, Coor aims to create the happiest, healthiest and most prosperous workplace environments in the Nordic region. Coor offers specialist expertise in workplace services, property services and strategic advisory services. Coor creates value by executing, developing and streamlining our customers’ service activities. This enables our customers to do what they do best.

Coor’s customer base includes many large and small companies and public-sector organisations across the Nordic region, including ABB, AB Volvo, Aibel, DNV-GL, Ericsson, Equinor, ICA, NCC, the Danish Police, Public Prosecution Authority and Prison and Probation Service, PostNord, Saab, Sandvik, SAS, Telia Company, the Swedish Transport Administration, Vasakronan and Volvo Cars.

Coor was founded in 1998 and has been listed on Nasdaq Stockholm since 2015. Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com