Inside information: Sitowise signs an agreement to sell its Swedish subsidiary
Summary
Sitowise has signed an agreement to sell its Swedish subsidiary Sitowise Sverige AB to Sweco. The subsidiary provides technical consulting services in structural engineering, building services, infrastructure design, and project management, and it generated EUR 26.3 million in net sales in 2025. Sitowise says the divestment will improve profitability and let the company focus on its Infra, Buildings, and Digital Solutions businesses. The deal is expected to close in the third quarter of 2026, subject to regulatory approvals and customary closing conditions.
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Software Development
SaaS
GIS Software
Linked Companies
Sitowise
$100M to $250M