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Sweco Expands Smart Building Expertise with Dutch Acquisition

Story Highlights
  • Sweco acquires Dutch company Brain of buildings to boost smart building solutions.
  • The acquisition strengthens Sweco’s market position and meets demand for integrated technology.
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Sweco Expands Smart Building Expertise with Dutch Acquisition

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Sweco AB ( ($SE:SWEC.B) ) has provided an update.

Sweco has acquired Brain of buildings, a Dutch engineering company specializing in smart building technologies, to enhance its capabilities in security and smart building solutions. This acquisition, which adds 30 consultants to Sweco’s Netherlands team, aligns with Sweco’s strategy to expand its market position and meet growing demand for integrated technology solutions in the Netherlands’ evolving built environment.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK212.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

More about Sweco AB

Sweco is Europe’s leading architecture and engineering consultancy, specializing in sustainable community and city planning. With a team of 22,000 experts, the company focuses on facilitating green transitions, maximizing digitalization potential, and enhancing community resilience. Sweco is listed on Nasdaq Stockholm and reported sales of approximately SEK 31 billion (EUR 2.7 billion) in 2024.

Average Trading Volume: 244,701

Current Market Cap: SEK58.48B

See more data about SWEC.B stock on TipRanks’ Stock Analysis page.

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