Kreate has signed an agreement to acquire all shares of SRV Infra Oy for approximately EUR 30 million. SRV Infra Oy’s business consists mainly of underground rock construction and, to a smaller extent, foundation and special foundation construction.
“The business, expertise and references gained through the acquisition complement Kreate’s offering and competence profile in an excellent way. Underground rock construction is a completely new construction area for Kreate in Finland and will thus bring us an entirely new business. As a result of the acquisition, we will gain a strong position in the underground rock construction market, for which the outlook for the coming years is strengthened by security, preparedness and security of supply considerations related to the geopolitical situation. The foundation and special foundation construction market is also supported by strong megatrends such as urbanisation and investments required by the green transition,” says Timo Vikström, President and CEO of the Kreate Group.
Our Group companies offer high-quality solutions for, among other things, bridges, roads, railways, and foundation construction. Our revenue in 2024 was 275 million euros.
Kreate operates in the infrastructure market, which is stable in nature and has historically provided secure growth.
We employ over 500 infrastructure professionals in Finland and Sweden. Kreate is a place for individuals who want to work on demanding infrastructure projects, grow as professionals, and take on responsibility.
Our goal is to be one of Finland’s leading providers of demanding infrastructure construction by delivering comprehensive solutions for complex infrastructure projects through broad expertise and a diverse service offering.
Kreate’s strengths lie in a stable market, highly sought-after specialized expertise, impressive references, satisfied customers, a skilled and motivated workforce, and strong profitability.
See our presentation held in the Danske Finnish small & mid cap seminar on 13 March 2025 and get an overview of the company as and investment.
“We consistently maintain margins above industry averages, outperforming many competitors. With few infrastructure-focused companies listed in the Nordic markets, Kreate occupies a unique position, offering investors exposure to infrastructure with a solid track record of above-average performance.”
Annual Review contains among others, information abour the business, CEO’s review, the report of the Board of Directors (including the Sustainability Report) and financial statements.