Focus area: The industry’s most stable partner
1. Governance
Fasadgruppen’s decentralised business model places special demands on governance and risk management in the Group. A clearly formulated governance model that both ensures adequate control over the business and promotes freedom of action and local entrepreneurship strengthens Fasadgruppen’s competitiveness. The governance model forms the basis of Fasadgruppen’s integration model used when a new company is acquired. The common processes established in each new subsidiary include monthly reporting and the percentage of completion method.
2. Sustainable acquisitions and financing
Fasadgruppen has an active acquisition strategy that aims to broaden its geographical presence and strengthen its market offer. A continuously refined acquisition process and integration model ensure that Fasadgruppen acquires quality companies that contribute to the Group’s growth and the fulfilment of its objectives. The due diligence process includes a special sustainability component based on Fasadgruppen's sustainability strategy and aims to ensure that newly acquired subsidiaries contribute to the Group's sustainability ambitions and objectives.
3. Ethics and anti-corruption
Fasadgruppen does not accept any form of corruption, bribery, extortion, or money laundering, and seeks to prevent these types of activities. An important tool here is the Code of Conduct, which must be accepted by both employees and suppliers.
Fasadgruppen strives to have an open business climate and a high standard of business ethics and is always alert to the possibilities for making new improvements. A whistleblower function with the option of anonymity is therefore provided by an independent external party for use in the event of suspicion of irregularities such as bribery, conflicts of interest, environmental crimes or safety deficiencies in the workplace. Employees, customers, suppliers and other stakeholders can use the system, reporting either online or by telephone. Guidelines and instructions for the whistleblower function are available in several relevant languages. Those who report misconduct have statutory whistleblower protection under whistleblower legislation.
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 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.
Business model
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