Clearwater has advised Storskogen on its divestment of Dextry Group, a leading surface services provider, and its acquisition by Håndverksgruppen, the largest surface services provider in the Nordics.
Dextry Group offers sustainable services within painting, window renovations, facade, and roof maintenance. Its customer base primarily consists of construction and property companies, as well as public sector entities. The group has 14 operating units across Sweden, employs around 600 people and has a turnover of more €60m.
Håndverksgruppen was formed in 2020 through the merger of 30 local companies and has been consolidating well-performing surface service companies since day one. The company has made over 125 acquisitions and employs around 4,000 employees.
The acquisition of Dextry Group will help Håndverksgruppen to further strengthen its position in the Swedish market.
