Divested

Nordic Modular conducts development, manufacturing, sale and rental of re-locatable buildings (modules) for professional customers in the Nordic countries.

1956

Is the year when the company’s factory was established in Anneberg, Sweden

6k

Modules available for rent

22km

Is the height of all modules if they are stacked on top of each other

Divested

Business Description

Nordic Modular conducts development, manufacturing, sale and rental of re-locatable buildings for professional customers in the Nordic countries.
The daily operations are run through three subsidiaries:

Temporent rents out temporary modular set-ups with a primary focus on offices, schools and preschools.

Flexator manufactures and sells everything from permanent, advanced buildings for professional purposes to site huts. The focus is on relocatable in-house designed buildings offering cost benefits to the customers, so called catalogue buildings.

Nordic Modular Leasing offers Flexator’s Swedish customers long-term leasing of relocatable buildings on certain conditions.

Company information

Company Nordic Modular Group
Status Divested
Industry Capital goods
Nalkas ownership 98%
Investment year 2015
Year of exit 2018
HQ Upplands Väsby, Sweden
Turnover 2017 SEK 779m
Employees 219
Website nordicmodular.com
CEO Per Johansson

Investment Rationale

The market for rentable modules is considered growing, partly due to public and private customers growing need for flexibility. We saw a company with a great history, high quality products and an experienced board, in Nordic Modular, with great potential to becoming the leading Nordic actor within chosen segments.