The move will expand Sweco’s team by nearly 50 members. Credit: Sweco.

Sweco, a European engineering and architecture consultancy, has signed an agreement for the acquisition of geotechnical and environmental design consulting company Sipti Consulting.

The acquisition will expand Sweco’s team by nearly 50 experts and enhance its capabilities in geotechnical, rock, and environmental engineering.

Sipti has five offices in Finland and generated net sales of €6.7m ($6.9m) for the financial year ending July 2024.

Sweco Finland Business Area president Thomas Hietto said: “The Finnish market’s need for advanced geotechnical and environmental consulting is stronger than ever as construction projects increasingly target challenging land areas.

“Moreover, the rise in rock construction, driven by investments in energy storage, heat pump initiatives, and the burgeoning energy and industrial sectors – including wind, solar power, and data centres – further amplifies the demand for geotechnical expertise.” 

The deal comes as Finland is witnessing a surge in urbanisation, with more than 85% of its population residing in urban areas, fuelling the need for geotechnical planning, the company said.

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This demand is said to be mostly in metropolitan regions, including the country’s capital Helsinki, as well as in major university cities and their periurban zones.

Hietto added: “Sweco has worked closely with Sipti on a number of complex projects, and we are impressed by their expertise, which will complement our existing capabilities as a trusted advisor.

“Together we can offer clients advanced geotechnical and environmental engineering expertise, even for the most demanding projects.” 

Last November, Sweco secured a contract to design and plan a new regional hospital in Kiruna, Sweden.

Commissioned by Region Norrbotten, the project is expected to be completed between 2029 and 2031.

The new hospital will offer the same healthcare services as the current facility, but with improved infrastructure.