May 2026
đź“Ł VC round data is live. Check it out!
Largest Building Products Public Companies in Sweden
Benchmark revenue and EBITDA valuation multiples for public comps like
Assa Abloy, SSAB AB (publ), NIBE Industrier, Peab and Systemair.
 | Assa Abloy is the world’s largest supplier of locking and physical access solutions, sporting the world’s largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Some 70% of the group's revenue is derived from commercial, government, and other nonresidential customers. The company's product base is centered on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers. | $37 | +12% | $41B | $48B | 2.8x | 14.1x | ||
| SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, with production sites mainly in Sweden, Finland, and the United States. | $10 | +61% | $10B | $9B | 0.8x | 7.6x | ||
| NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe. | $4 | +1% | $9B | $10B | 2.3x | 14.7x | ||
| Peab AB is a Sweden-based construction and civil engineering company. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. It operates in four business areas: Construction, Civil Engineering, Industry, and Project Development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden. | $10 | +10% | $3B | $4B | 0.6x | 8.2x | ||
| Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy-efficient fans. The company also markets products under its Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtains and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. The company generates the majority of its revenue from Europe. | $9 | -11% | $2B | $2B | 1.5x | 12.3x | ||
| Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden. | $16 | -32% | $1B | $2B | 1.1x | 8.5x | ||
| Inwido AB is a building material company that supplies both windows and doors. The company sells these products through three outlets, which include sales to manufacturers of prefabricated homes, construction companies, and direct to consumers. Inwido sells corporate brands such as Elitfonster and Tiivi. The majority of the company's revenue comes from Sweden. In addition to Inwindo's diversified product portfolio of doors and windows, the company offers "smart windows" that have antibacterial glass, integrated camera surveillance, and locks that can be operated via mobile phone apps. Inwido divides the business into four operating segments. The four segments are Scandinavia, Eastern Europe, e-Commerce, and Western Europe, out of which the majority is from the Scandinavia segment. | $16 | -29% | $940M | $1B | 1.2x | 8.7x | ||
| FM Mattsson conducts sales, manufacturing and product development of products for bathrooms, kitchens and complementary areas. | $9 | +38% | $372M | $355M | 1.6x | 11.2x | ||
| Svedbergs Group AB designs and manufactures bathroom interiors and sanitary articles. The company offers handles, laundry cupboards, baths and massage bath, showers, washbasin, mixers, heated towel rails, accessories, WC & Toilet and spare parts, among others. The brand companies Svedbergs, Macro Design, Cassoe, Roper Rhodes and Thebalux each constitute a separate segment. Key revenue is generated from Roper Rhodes. | $7 | +23% | $369M | $464M | 1.9x | 10.1x | ||
| Firefly AB is a supplier of spark detection, fire and dust explosion protection systems in Sweden. The company develops, manufactures and sells high-tech systems, which detect and minimise the risk of fires and dust explosions. It has two business areas: Industrial applications and Infra systems. Industrial applications include customized fire prevention systems, which monitor industrial processes in areas such as tissue, food, woodworking, bioenergy, and recycling. The business area of Infra systems includes early fire detection in subway-, train-, road or cable tunnel systems by means of multiple-gas detection. | $19 | -3% | $113M | $104M | 1.9x | 14.7x | ||
| Concejo AB is a mixed investment company with operations conducted in three business areas. Concejo Industrier, SBF Fonder, and Concejo Ventures. The company’s segments include Concejo Industrier - Industrial operations, SBF Funder - Fund operations, and Ventures Council - The investment business. It derives revenue from Concejo Industrier which further includes Firenor Internationa, Optronics Technology, ACAF Systems, and SAL Navigation; which offer security systems for firefighting, provides optical gas detectors for various industrial applications. | $5 | +20% | $63M | $48M | 0.9x | 5.8x | ||
| ES Energy Save Holding AB is engaged in the business of developing energy-saving products. The product portfolio includes heat pumps and systems. Also, the company provides heat pump accessories and air management services. | $2 | +6% | $13M | $13M | 0.6x | 257.6x | ||
| ABAS Protect AB is a privately owned family business that specializes in manufacturing area protection. It serves the Swedish market with safety products. Its product offerings comprise Gates, Fence, Booms & Bollards, Home & Villa gates, and fences, Preschool & children's cottage gates and fences, and Other products. | $1 | -11% | $6M | $9M | 1.0x | 865.3x | ||
| Zenergy AB develops, manufactures and sells fireproof construction materials for walls, roofs and floors. | $0 | -81% | $1M | $1M | 0.7x | (0.6x) | ||
| Median | $9 | +3% | $656M | $843M | 1.2x | 10.7x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.