Campido merges with Newsec
The new organization will have about 130 employees, a turnover of about SEK 150 million and be lead by Jesper Kronstrand from Newsec.
“Campido is a strategic acquisition and gives us better prerequisites to work with a continuously improved service offer and more efficient process control. We have an ambition to take more market shares and, with the merger with Campido, we move in the right direction”, says Jesper Kronstrand, head of Property Caretaking, Newsec Property Asset Management.
Newsec and Campido have similar values and are therefore well positioned to benefit from working side by side, something that was an important parameter in the negotiations.
“Campido has a good position in the Stockholm region, but we want to grow and take further market shares in the rest of the country. Newsec has a strong brand and can help us fulfill that goal. With the merger, we become even stronger and ready to meet challenges ahead. Not least in the fight over talent, which is one of the industry's biggest challenges”, says Fredric Landell, founder Campido.
The merged business has a prominent client portfolio with some of Stockholm's most prestigious hotels and shopping centers as well as the country’s public bus system.