Vestum Bolsters UK Flow Technology Business With PJT and CCL Acquisitions

Vestum AB ( (SE:VESTUM) ) has shared an announcement.

Vestum has expanded its UK footprint by acquiring PJT Pumping Services and Cheltenham Controls through its subsidiary Pump Supplies, folding both into its separated Flow Technology business. PJT provides end-to-end pumping, drainage and water infrastructure services, while CCL specialises in monitoring and control technology, particularly electrical control panels, with both companies headquartered in Gloucester and serving water utilities and industrial customers.

The deals, financed with existing cash, add around SEK 175 million in annual sales and deepen Pump Supplies’ capabilities in installation, service, engineering and in-house control panel production, which is expected to boost capacity, shorten lead times and reduce reliance on external suppliers. On a pro forma basis including these acquisitions, the Flow Technology unit generated about SEK 1.4 billion in 2025 sales and just over SEK 300 million in adjusted EBITA, positioning Vestum for accelerated growth in a structurally expanding UK water infrastructure market.

The most recent analyst rating on (SE:VESTUM) stock is a Hold with a SEK8.50 price target. To see the full list of analyst forecasts on Vestum AB stock, see the SE:VESTUM Stock Forecast page.

More about Vestum AB

Vestum AB is an industrial group supplying services and products to the infrastructure sector, with a focus on regional market specialists in Scandinavia and the United Kingdom. Through subsidiaries such as Pump Supplies, one of the UK’s largest suppliers of electric submersible water pumps, Vestum targets infrastructure and water utilities markets with pumps, accessories and pipe systems.

Average Trading Volume: 337,917

Technical Sentiment Signal: Sell

Current Market Cap: SEK3.16B

Learn more about VESTUM stock on TipRanks’ Stock Analysis page.