BST Group continues its Nordic expansion with the acquisition of Flindtholt, a market leader in the installation and service of sprinkler systems in Denmark. This acquisition bolsters the group’s goal of becoming a comprehensive Nordic fire protection specialist.
Flindtholt, one of Denmark’s premier companies in the installation and service of primarily sprinkler systems, now forms BST Group’s platform in Denmark. Founded in 2016, the company has grown significantly and today boasts 63 employees operating across Denmark. The company also has a proprietary product for remote connection of sprinkler systems under the brand Teqview.
“We at Flindtholt are looking forward to becoming part of BST Group and see great potential for synergies in several areas. Having already collaborated on several major projects, we are confident in our shared vision and that our cultures align well,” says Andy Poulsen, Managing Director of Flindtholt ApS.
Flindtholt will continue to operate under its own well-established brand and organization. The Teqview product will also continue under its own brand and organization. For BST Group, this acquisition is a significant step towards becoming a full Nordic player.
“We have been in discussions with Flindtholt for some time and have come to know the company and its leadership, which makes us particularly pleased to now complete this acquisition. I am convinced that Flindtholt will fit very well into BST Group and, along with Finnish Paloff which joined the group earlier this year, forms a solid base for our continued Nordic expansion. The Teqview product is an exciting addition, providing us with a proprietary connected sprinkler system,” says Peter Bühler, Group CEO of BST Group.
The acquisition of Flindtholt is a crucial piece in the group’s ongoing expansion journey to become a comprehensive Nordic fire protection specialist, with already established platforms in Sweden, Finland, and now Denmark.
Learn more about Flindtholt and Teqview here: flindtholt.dk, teqview.dk
Interested in more information about the acquisition? Please contact:
Peter Bühler, Group CEO of BST Group
Email: [email protected]
Phone: +46 760-010 151
Andy Poulsen, Managing Director of Flindtholt
Email: [email protected]
Phone: +45 3036 7112