EQT VI has acquired 100% of the Anticimex Group, a Sweden-based provider of pest control, food safety and adjacent services, from Swedish listed private equity firm Ratos for an enterprise value of approximately SEK 2.7 billion.
Founded 1934 Anticimex is today a leading Northern European service company providing safe and healthy indoor environments through inspections, guarantees and insurance. Services include pest assurance, hygiene assurance, dehumidification, fire protection as well as property transfer and energy surveys.
The company has around 1,300 employees and operations in Sweden, Norway, Finland, Denmark, Germany and the Netherlands. It has its own distribution channels as well as franchise networks and partners such as insurance companies and real estate agents.
The transaction is subject to approval from the relevant authorities and is expected to be completed at the end of the second quarter. Following the close, EQT VI will continue to develop Anticimex through further product and service expansion in Sweden as well as an accelerated internationalization.