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An announcement from Green Landscaping Group AB ( (SE:GREEN) ) is now available.
Green Landscaping Group AB has sold 100% of the shares in its subsidiary Svensk Jordelit Aktiebolag and its Norwegian unit Jordelit AS, which supply products for the maintenance of green areas and sports grounds, to industrial group Svevik Industri. The SEK 117 million net-sales business was acquired for a cash consideration, with no material impact on earnings, and the divestment is framed as part of a strategic review in Sweden aimed at sharpening Green Landscaping Group’s focus on its core landscaping and maintenance services for public customers, clarifying its portfolio and operational priorities for shareholders and other stakeholders.
The most recent analyst rating on (SE:GREEN) stock is a Hold with a SEK45.00 price target. To see the full list of analyst forecasts on Green Landscaping Group AB stock, see the SE:GREEN Stock Forecast page.
More about Green Landscaping Group AB
Green Landscaping Group AB is a Nasdaq Stockholm-listed multinational group focused on ground maintenance, green space management and landscaping, primarily for public-sector customers. Built through acquisitions of entrepreneur-led, professionally run local businesses with strong community ties and sustainable profitability, the group employs around 3,000 people and reported 2025 net sales of SEK 6.2 billion.
Average Trading Volume: 73,262
Technical Sentiment Signal: Sell
Current Market Cap: SEK2.47B
Find detailed analytics on GREEN stock on TipRanks’ Stock Analysis page.