Currentum AB

What Currentum AB does

Currentum AB, founded in 2020 and headquartered in Stockholm, is a private Nordic installation group operating nearly 100 wholly-owned subsidiary companies across Sweden, Norway, and Finland. The group's four service lines are VS & Sprinkler (plumbing, medical gases, heat pumps, fire suppression), Ventilation (design, installation, commissioning, service), Electrical Installation & Security (electrification, solar PV, EV charging, battery storage, fire and access control), and Energy & Building Automation (advanced energy optimization, BMS/property automation). Customers span property owners, real estate companies, construction firms, industrial clients, public sector entities, and homeowners, with subsidiary companies delivering installation, renovation, and service work locally while leveraging group-level procurement, cross-selling, and talent development through Currentum College.

The business model is a decentralized platform roll-up: founders of owner-operated installation companies sell to Currentum, become co-owners of the group, and continue running their businesses under retained brands with group support. Revenue is generated project-by-project and through recurring service and maintenance contracts by each subsidiary; pricing is not publicly disclosed but is quoted per engagement and varies by trade, segment, geography, and project complexity. Group economics derive from cross-subsidiary coordination on large multi-trade projects, centralized procurement, and apprenticeship-led talent supply, with Currentum relying on its subsidiary brands' deep local customer relationships as the primary commercial channel.

Name

Currentum AB

Legal name

Currentum AB

Website

https://currentum.se

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Currentum AB is a private Nordic installation group of nearly 100 wholly-owned subsidiaries across Sweden, Norway, and Finland delivering plumbing, ventilation, electrical, security, and building automation services to property, construction, industrial, and public sector customers via a decentralized, acquisition-led platform.

Ownership category

akta.pro rank

Product category

Building installation services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Plumbing, Heating, and Air-Conditioning Contractors (23822)

SIC

Construction - Special Trade Contractors (1700), Electrical Work (1731)

akta.pro industry

PRIMARYIMAFALAB

HVAC & Refrigeration Contracting

Industrials, Manufacturing & Construction/Construction & Civil Engineering/Specialty Trade Contractors (MEP, HVAC, Plumbing, Electrical)

SECONDARYHSAOAGAB

HVAC System Replacement & Change-Outs

Home & Personal Services/Plumbing, Electrical & HVAC Services/HVAC Installation & Replacement

Keywords

• HVAC installation services
• Plumbing and ventilation
• Electrical installation services
• Building automation systems
• Fire sprinkler services

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Installation services: Subsidiary companies generate revenue through project-based installation work and service contracts across plumbing/VS, ventilation, electrical, and building automation. Revenue models include one-time project fees and recurring service/maintenance contracts. Subsidiaries serve both new construction and renovation projects across residential, commercial, industrial, and public sector customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Currentum AB delivers technical installation and service contracts across HVAC, plumbing and sprinkler (VS), ventilation, electrical, and building automation for new construction, renovation, and ongoing maintenance. Work is carried out through nearly 100 specialized local subsidiary companies that operate independently under the group umbrella in Sweden, Norway, and Finland. The group enables cross-selling across disciplines (electrical, plumbing, ventilation, automation) and provides group-wide procurement, training (Currentum College), and acquisition support to its subsidiaries.

Product overview

Currentum AB is a Nordic installation group (installationskoncern) operating approximately 100 companies across Sweden, Norway, and Finland. The group's product and service portfolio is organized into four main business areas: VS & Sprinkler (plumbing and fire suppression), Ventilation (air treatment and indoor climate), Electrical Installation & Security (electrification, solar, EV charging, battery storage, fire and access control), and Energy & Building Automation (smart building operations and automation). The group operates through acquired subsidiary brands including VEAB, Gullikssons El, Ventab, Installationsbolaget VS/Sprinkler, Boctok, Askim & Mysen Rør, Gösta Schelin, Månssons Rör, Stångå Rörservice, Lundgrens El, Veas Rør, Xpert Installasjon, and others. These subsidiary companies retain their own identities and brands while benefiting from the group's collective resources, purchasing agreements, and knowledge sharing through Currentum College. The group also provides sustainability services, including solar panel and battery storage installations for energy efficiency projects.

Differentiator

Problem solved

Functional benefit

Brands

• Currentum College: The group's shared training and education initiative for developing employees and promoting knowledge exchange across member companies.

Products and services

• VS & Sprinkler Services Plumbing (VS), medical gas, heat pump, and sprinkler installation services delivered by Currentum's specialized subsidiaries for modern buildings. Covers water supply systems, medical gas installations, heat pumps, fire alarms, and sprinkler systems.
• Ventilation Services Design, installation, commissioning, adjustment, operational optimization, and service of ventilation and air treatment solutions for healthy and energy-efficient indoor environments, delivered by Currentum's ventilation-focused subsidiaries.
• Electrical Installation & Security Electrification and smart electrical installation services including energy optimization, design, installation and maintenance of solar panels, EV charging infrastructure, and battery storage, plus security solutions for fire, locks, and access control, delivered by Currentum's electrical and security-focused subsidiaries.
• Energy & Building Automation Smart, automated, and energy-efficient building operations delivered through advanced energy optimization, analysis, design, installation, and service of building automation (BMS) and property automation systems for good indoor climate and operational economy, delivered by Currentum's automation-focused subsidiaries.

Quantifiable outcome

• 204 apprentices accepted across group companies in 2025, up from 148 the previous year
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Insure (inspiration, employer branding)minorOthersCurrentum partners with educational institutions and career platforms (mentioned Insu, Hermods, Lernia, TUC Yrkeshögskola as recruitment and education partners for apprenticeship and career pathways). These partnerships support talent pipelines for the installation industry.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Instalco: Instalco is a leading Nordic installation group operating in Sweden, Norway, and Finland with a similar multi-trade acquisition strategy spanning HVAC, electrical, plumbing, and industrial services. It is the closest direct comparable to Currentum given overlapping geographies, service lines, and decentralized M&A-driven growth model.
• Storskogen Group: Storskogen is a Swedish-listed acquisition platform acquiring and developing profitable SMBs across trade, industry, and services in the Nordics. Comparable to Currentum as a Nordic roll-up vehicle with similar decentralized operating philosophy and M&A-driven growth, though operating across many more verticals beyond installation.
• Caverion: Caverion is a Northern European building solutions and technical installation provider with strong presence in Finland and the Nordics, offering HVAC, electrical, automation, and energy efficiency services. It is a direct peer competing in the same Finnish market as Currentum's Boctok, Laiho Group, and other Finnish subsidiaries.
• Bravida: Bravida is the largest Nordic installation and service company, providing electrical, HVAC, plumbing, and security solutions across Sweden, Norway, Denmark, and Finland. It is a direct peer with broader scale and a more mature service/maintenance business, competing for the same customers and acquisition targets as Currentum.
• Assemblin: Assemblin is a Nordic technical installation and service provider offering electrical, heating/plumbing, ventilation, and automation solutions across Sweden, Norway, and Finland. It is a direct peer given overlapping service portfolio, Nordic footprint, and similar project-based installation business model.

Broad incumbents

• Comfort Systems USA: Comfort Systems USA is a leading US mechanical and electrical contractor providing HVAC, plumbing, electrical, and building automation services through a decentralized network of operating subsidiaries. Comparable as a publicly traded roll-up of MEP installation businesses using a similar local-brand operating model.
• EMCOR Group: EMCOR Group is a large US-based provider of mechanical and electrical construction, energy infrastructure, and building services for commercial, industrial, utility, and institutional customers. Comparable as a broad incumbent in MEP installation and services across multiple end markets.
• SPIE SA: SPIE is a leading European independent multi-technical services provider in energy and communications, offering electrical, mechanical, and HVAC services across France, Germany, Netherlands, Belgium, and other European markets. Comparable as a broad European MEP services roll-up operating through decentralized subsidiaries.

Regional players

• NRC Group: NRC Group is a Nordic infrastructure contractor specializing in rail, light rail, and road construction with related electrical and groundwork services. Comparable as a Nordic multi-discipline contractor serving public-sector and infrastructure customers, though focused on civil/transport infrastructure rather than building MEP installations.
• Green Landscaping Group: Green Landscaping Group is a Swedish-listed Nordic provider of outdoor environment and infrastructure services, acquired through a similar decentralized M&A roll-up strategy. Comparable as a Nordic acquisition platform with related infrastructure services exposure and overlapping M&A talent (Currentum's Head of M&A Sam Monsén previously worked there).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/currentum

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries76 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Currentum AB