Adven acquires Österlens Kraft Fjärrvärme AB
Adven announces the acquisition of the district heating company Österlens Kraft Fjärrvärme AB in Simrishamn, Sweden, from Österlens Kraft Ekonomiska Förening. With this, the company will become part of Adven, bringing along over 50 years of experience in district heating. The acquisition is expected to be finalized at the beginning of 2025.
“It is reassuring to know that district heating in Simrishamn will continue to evolve. Adven has solid expertise in district heating and also shares our values,” says Tina Helin, Chairman of Österlens Kraft Ekonomiska Förening.
District heating in Simrishamn, like in many other areas, is facing significant investment needs. Here, Adven will build on to the existing operations, ensuring that the district heating business develops in the right direction also in the future.
“We are pleased to take over the responsibility for district heating in Simrishamn and will ensure that the business has the resources and conditions needed to continue delivering sustainable and competitive heat also going forward,” says Jonas Sjölander, CEO of Adven.
At the district heating site in Simrishamn, a small team currently manages daily operations. From the start of the new year, the personnel will be able to share experiences and working methods with Adven’s operations team in the south of Sweden. Adven also brings expertise in fuel procurement and project management, which will support the business in its next phase.
“We look forward to welcoming our new colleagues to Adven and will continue to further build on to the well-run operations with the benefit from our scale and shared insights,” says Per Löwenham, Production Manager at Adven.
For more information, please contact:
Tina Helin, chairman of Österlens Kraft Ekonomiska Förening, 070-655 25 26.
Jonas Sjölander, CEO of Adven, 070-339 86 01.
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