Installation group Currentum acquires Swedish Ackduel

The installation group Currentum has acquired Stockholm-based electrical contractor Ackduel Installation AB, strengthening its presence in the Swedish capital region.

Ackduel Installation, founded in 1992, has 28 employees and an annual turnover of around SEK 55 million. The company provides electrical installation services to construction and real estate firms, municipalities and private individuals.

“We are delighted to begin this new chapter as part of Currentum. We look forward to showing what we’re made of and growing together,” said Stefan Linderholm, CEO of Ackduel Installation.

The acquired company will retain its brand and current management team. Linderholm said joining Currentum was a natural step that will provide good opportunities for employee training and development within a larger group.

Established in 2020, Currentum operates in Sweden, Norway and Finland. With this acquisition, the installation group now comprises over 50 companies with 2,000 employees and around SEK 6 billion in combined annual revenue.

“The acquisition of Ackduel Installation further strengthens Currentum’s position in Stockholm. We are very pleased to welcome Ackduel Installation and its skilled and dedicated employees to Currentum, and look forward to having them join us on the journey ahead,” said Eric Lindqvist, Currentum’s Regional Manager for Stockholm.

The deal allows Currentum to capitalize on Ackduel’s extensive local network and experience in the Stockholm region as it pursues further expansion across the Nordic markets.

The translation was written by an AI system, though the original text was authored by a human.