Granlund to strengthen growth plans, partnering with ICG as a new investor
19.6.2024 – Granlund Group has today announced a new partnership with global alternative asset manager, ICG. Under the terms of the partnership, ICG will join as a new investor, to provide flexible capital to help accelerate Granlund’s international growth and expansion.
“Granlund’s strategic goal is strong internationalisation in Scandinavia and Europe. ICG is a partner able to support us on this journey, boasting extensive international networks and strong expertise in driving growth. The partnership model means we can retain our ownership base, with around 260 employees owning the significant majority of Granlund in shares. A solid Finnish ownership base is part of Granlund’s history, and it is important for us to maintain this in the future. We firmly believe that ICG joining us in this strategic partnership is the right solution to enable international growth”, says Pekka Metsi, CEO of Granlund.
“We have been following the exciting journey of Granlund for a number of years, and have been impressed by the great work of the management and employees. We are very happy to be joining forces with Metsi and his team as they embark on the next stage of their ambitious expansion plans, and we look forward to bringing our experience and the ICG platform to assist them with this”, comments Robin Molvin, Managing Director and Head of Nordics, ICG European Mid-Market.
A Finnish market leader in MEP design, Granlund aims to keep MEP design at the core of its business. This is further reinforced by structural and architectural design as well as construction management. The operations will retain a strong focus on energy efficiency, sustainability, property management and software, as well as the use of digitalisation to improve productivity in the industry. Following the new investment, the company plans to expand in Scandinavia, and is also exploring opportunities in the rest of Europe, as it seeks to meet ambitious goals to expand sales and the number of employees.
About ICG
ICG provides flexible capital solutions to help companies develop and grow. They are the leading global alternative asset manager with a 35-year history, managing $98.4bn of assets* and investing across the capital structure. ICG operates across four asset classes: Structured and Private Equity, Private Debt, Real Assets, and Credit.
ICG develops long-term relationships with business partners to deliver value for shareholders, clients and employees, and uses their position of influence to benefit the environment and society. ICG is committed to being a net zero asset manager across their operations and relevant investments by 2040.
ICG is a member of the FTSE 100 and listed on the London Stock Exchange (ticker symbol: ICG). Further details are available at www.icgam.com. You can follow ICG on LinkedIn, X (Twitter) and Instagram.
Further information
Pekka Metsi
More of our news
New project expedites circular economy in MEP
12.03.2025 – The project collects information and investigates ways in which circular economy can be achieved in practice. The prerequisites for the…
How to find the perfect spot for your data center
26.02.2025 – The climate, regulations, and infrastructure make the Nordics prime real estate for data centers. Picking the right site requires knowing…
Greenfield Nordic is now Granlund UK
13.02.2025 – Greenfield Nordic became part of Granlund in 2018. Changing the name marks a natural step towards further alignment with the…
Granlund continued its strong growth
12.02.2025 – In 2024, Granlund performed well in the challenging real estate and construction market. Data center, renovation, software and public sector…
Max Bladström to assume role as CEO of Granlund Stockholm AB
30.01.2025 – Max Bladström has had a long career at Granlund Stockholm and has recently served as Deputy CEO.
Taking Finnish Cleanroom Expertise to the World
28.01.2025 – Finnish companies have special expertise in the design, construction and turnkey deliveries of cleanrooms. Granlund is a part of a…
Mobile app for collecting equipment data developed at the Junction hackathon
21.01.2025 – Matias and Lauri Huhta won Granlund and KONE’s joint challenge in this autumn’s Junction hackathon looking for an idea to…
On the basis of the E3 research project, purifying indoor air reduces the spread of viruses
18.12.2024 – The extensive interdisciplinary E3 research project launched during the COVID-19 pandemic will come to an end at the end of…
HumanIC – Developing future healthcare facilities through human-centric design
12.12.2024 – Granlund is a partner in the EU-funded HumanIC network, which focuses on developing human-centric indoor climate solutions for healthcare facilities.…
Subscribe to our newsletter
Be among the first to hear about the latest news and trends relating to Granlund and the real estate and construction sectors.
