Coromatic Group

Number of Employees: 588
Sales: SEK 1,721 million in 2016

Coromatic is the largest data center-focused service company in the Nordics. The company is active in IT data center design & build, services, maintenance, counseling, security and emergency power to e.g. hospitals and other industries.

Coromatic has many long-term relationships with medium- and largesize corporate customers in the Nordics. It is a full service provider of data center (DC) design with turn-key project capability and know-how in ensuring uninterrupted operations, security, power supply and cooling.

Coromatic is headquartered in Sweden, with subsidiaries in Denmark, Norway and Finland.

To Coromatic Group

Market trends and drivers

The trend towards increased data storage requirements and the focus on business continuity and IT security are the key drivers for Coromatic's underlying market.

Investment potential

The Coromatic investment was based on the company's strong market position; strong customer relationships with top-tier companies in the Nordics and long track record of delivering turn-key solutions and services to customers. The business model is scalable which enables growth into new geographic regions and market segments.

The business development plan includes an increased sales effort in order to enhance the one-stop-shop concept of maintenance and services; to drive organic growth and extend the company's market leading position in the Nordics. Local M&A opportunities are to be evaluated to strengthen local presence.