Evac set to cruise to market-beating growth under new ownership

The Finnish water and waste company wants to double its revenue base under new owner Bridgepoint. It still lacks exposure to one of the most hyped growth areas in the market.

Finnish water and waste management specialist Evac Group will soon have its fourth owner in five years, after IK Investment agreed at the end of September to sell the company to UK private equity group Bridgepoint.

Since being acquired by IK in 2014, Evac has boosted revenues from around €60 million to €101 million last year, and expects to post turnover of around €110 million in...

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