Business model
Fasadgruppen’s business model is based on a decentralised structure that combines the entrepreneurial endeavour, proximity to customers and limited overheads of the local company with shared oppportunities to achieve economies of scale and offer comprehensive solutions to customers.
Local businesses
Our subsidiaries operate under their own brands and are responsible for their customers, sales, production, project calculation and profitability. They maintain significant independence with great responsibility for managing their enterprise in their local markets and building up their own order books with future projects. To assure profitability and cash flow, the subsidiaries continuously strive to develop their expertise in calculation, project follow- up and cash flow management.
Shared operational unit
The operational unit provides shared functions such as purchasing, finance, HR and Quality, Health, Safety and Environment (QHSE) coordinator, enabling the subsidiaries to focus on their day-to-day operations. The breakdown into geographic business areas enables the subsidiaries to share resources and best practice, providing synergy effects. Cross-selling opportunities are also identified here, along with joint sales initiatives, where a number of subsidiaries can work on the same projects within different disciplines. The companies can also lend personnel to each other. Collaboration mainly takes place within each country, but there is also some element of cross-border work.
Central functions
Fasadgruppen has a small Group function that focuses on maximising value creation from the business cash flows through optimal capital allocation. A central component is growth through acquisitions. The Group function also takes care of reporting, risk management, communications and strategic sustainability issues, among other things.
Fasadgruppen was established in 2016 through the merger of two façade companies, both of which had extensive experience from the industry and with good profitability. The idea was that the companies would continue to operate independently with continued local knowledge, commitment and competence - but at the same time be able to keep purchase prices low and offer the customer a safe pair of hands in a larger context.
History
Fasadgruppen’s strategy is based on acquiring and developing local market leaders, benefiting from cooperation and economies of scale within the Group and being able to provide a sustainable and secure offering to customers.
Strategy
Fasadgruppen’s subsidiaries are active on the building envelope services market in Sweden, Denmark, Norway and Finland. Around 80 percent of the business is focused on renovating and upgrading properties, with the remainder on new construction.
Market
As the leading group within façade work in the Nordic countries, Fasadgruppen supports and promotes sustainable development in our daily work.
Sustainability