Company / History / Acquisition of Destia
Acquisition of Destia
In 2014, Ahlström Capital acquired the infrastructure and construction service company Destia Ltd from the State of Finland. The company builds, maintains and designs traffic routes as well as complete living environments. Destia had a revenue of 431 meur in 2014. In 2018, Destia’s revenue had increased by 15% to EUR 550.3 million from the previous year.
Destia’s goal for its new strategy for 2019–2023, is to grow into a stronger urban develop-er in a changing, increasingly demanding op-erating environment. Destia will also chart new business opportunities in Northern Sweden and Northern Norway.
Destia is still a part of Ahlström Capital’s portfolio today.