AMSTERDAM: Multiconsult (Oslo: MULTI) has strengthened its position in the Swedish market with the acquisition of Helm Connect AB and Helm Project Management by its Swedish subsidiary, Iterio AB.

This strategic move enhances Iterio’s capabilities, allowing the company to pursue ambitious goals and gain additional market share in Sweden.

Helm is a consultancy company that provides services in project and construction management, alongside expertise in coordinating technical infrastructure within urban areas. With a team of skilled professionals dedicated to project support, the company, consisting of 17 employees is based in Stockholm.

The integration of Helm into Iterio is scheduled for the first quarter of 2024, with Helm’s employees co-locating with Iterio’s team in Stockholm.

Iterio AB is a Swedish company that provides consulting services in the fields of social planning and construction. It is part of the Multiconsult group, a leading Nordic consultancy firm.

Some of the areas that Iterio AB specializes in are project management, project planning, data coordination, geotechnology, environment, and traffic.

Multiconsult ASA acquires Smidt & Ingebrigtsen

Multiconsult acquires Erichsen & Horgen at an enterprise value of NOK 410 million