About Vestum
Vestum is a company based in Stockholm (Sweden) founded in 1999.. The company has 1,460 employees as of December 31, 2024. Vestum has completed 10 acquisitions, including Fibber, GW Asfalt and Högsbo EL AB. Vestum offers products and services including Flow Technology Products, Niche Products, and Solutions. Vestum operates in a competitive market with competitors including Budimex, Afcons, Hercules Site Services, L.B. Foster and GPT Infraprojects, among others.
- Headquarter Stockholm, Sweden
- Employees 1460 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Vestum Ab
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Annual Revenue
$385.32 M (USD)-3.87as on Dec 31, 2024
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Net Profit
$-1.27 M (USD)-55.56as on Dec 31, 2024
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EBITDA
$52.58 M (USD)-10.49as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1460
as on Dec 31, 2024
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Investments & Acquisitions
Fibber
& 9 more
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IPO & Listings of Vestum
Vestum is a publicly listed company on the OMXSTO with ticker symbol VESTUM in Sweden, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Vestum
Vestum offers a comprehensive portfolio of products and services, including Flow Technology Products, Niche Products, and Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Products improving water infrastructure systems and efficiency
Leading offerings in selected technical niches for industry
Specialized services for buildings and transport network maintenance
Funding Insights of Vestum
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Post-IPO - Vestum | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Vestum
Vestum has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Fibber, GW Asfalt and Högsbo EL AB. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fiber optic network services are provided by Fibber in Norway.
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2016 | ||||
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Water management services are provided to various clients.
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2016 | ||||
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Provider of concrete and construction contractor services
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vestum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vestum Comparisons
Competitors of Vestum
Vestum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Budimex, Afcons, Hercules Site Services, L.B. Foster and GPT Infraprojects, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Infrastructure such as roadways, railways, and energy plants is developed.
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| domain | founded_year | HQ Location |
Developer of oil & gas, underground, and urban infrastructure
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| domain | founded_year | HQ Location |
Infrastructure development services are provided across various sites.
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| domain | founded_year | HQ Location |
Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets
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| domain | founded_year | HQ Location |
Infrastructure construction, healthcare, and SG cast iron products are provided.
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| domain | founded_year | HQ Location |
Provider of infrastructure development services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vestum
Frequently Asked Questions about Vestum
When was Vestum founded?
Vestum was founded in 1999 and raised its 1st funding round 22 years after it was founded.
Where is Vestum located?
Vestum is headquartered in Stockholm, Sweden.
How many employees does Vestum have?
As of Dec 31, 2024, the latest employee count at Vestum is 1,460.
What is the annual revenue of Vestum?
Annual revenue of Vestum is $385.32M as on Dec 31, 2024.
What does Vestum do?
Vestum offers Flow Technology Products, Niche Products, Solutions while focusing on real estate and construction, real estate infrastructure developers, and infrastructure. Provider of infrastructure development services. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Vestum?
Vestum's top competitors include KNRCL, Budimex and Hercules Site Services.
What products or services does Vestum offer?
Vestum offers Flow Technology Products, Niche Products, and Solutions.
Is Vestum publicly traded?
Yes, Vestum is publicly traded on OMXSTO under the ticker symbol VESTUM.
How many acquisitions has Vestum made?
Vestum has made 10 acquisitions, including Fibber, GW Asfalt, and Högsbo EL AB.
What is Vestum's ticker symbol?
The ticker symbol of Vestum is VESTUM on OMXSTO.