Layer Group has completed the acquisition of InDoor Floor & Wall Sweden, a company based in Kristinehamn, for an undisclosed amount. 

InDoor Floor & Wall Sweden specialises in tile installation and flooring services, new construction, renovation, and insurance-related repairs. 

The move is part of Layer Group's expansion in the Dalarna and Värmland regions of Sweden.  

The acquisition is expected to generate synergies with existing companies such as Krafft Måleri, Willéns Måleri, and Färg & Co, which operate in the surrounding areas of Örebro, Arvika, and Eda.  

InDoor Floor & Wall Sweden's profitability and entrepreneurial spirit are claimed to be in line with Layer Group's acquisition strategy.  

The deal also offers InDoor Floor & Wall Sweden access to a wider network of entrepreneurs within the group.  

Layer Group CEO John Strand said: “We are very pleased to welcome InDoor Floor & Wall Sweden to the Layer Group family. They have an interesting customer portfolio and services that complement our nearby operations.  

“For us, it’s important that their established brand continues, but now they have the opportunity to grow under our umbrella, just like our other companies.” 

The support from Layer Group is anticipated to provide InDoor Floor & Wall Sweden with the necessary resources to advance to the next stage of its development.  

InDoor Floor & Wall Sweden founder Conny Lundstedt said: “It feels great to be included in a large group like Layer, and we look forward to collaborating with other companies in the group. We are convinced that it also increases security for our employees.” 

Last month, Layer Group's company Mästarna Vision acquired Granlunds Måleri, expanding its operations in the Sundsvall region of the country.